Telenor ASA (OTCMKTS:TELNF) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Telenor ASA (OTCMKTS:TELNFGet Free Report)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $14.58 and traded as high as $18.10. Telenor ASA shares last traded at $18.10, with a volume of 268 shares changing hands.

Telenor ASA Trading Up 7.2%

The business has a 50-day moving average price of $14.58 and a 200-day moving average price of $15.56.

About Telenor ASA

(Get Free Report)

Telenor ASA is a Norway‐based telecommunications company that provides a broad range of communication services to consumers and businesses. Its core offerings include mobile voice and data services, fixed‐line broadband, pay‐TV solutions and Internet of Things (IoT) connectivity. Through its network infrastructure, Telenor serves both retail and enterprise customers, delivering digital solutions that span cloud services, managed network operations and cybersecurity.

The company’s operations extend across Northern Europe and selected Asian markets.

Read More

Receive News & Ratings for Telenor ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telenor ASA and related companies with MarketBeat.com's FREE daily email newsletter.