Zacks Investment Research upgraded shares of TELIA Co A B/ADR (OTCMKTS:TLSNY) from a sell rating to a hold rating in a report issued on Thursday morning, reports.

According to Zacks, “Telia Company AB provides network access and telecommunication services. The company also offers mobile and broadband; and fixed services, including telephony, data and TV services. It operates primarily in Sweden and Europe. Telia Company AB, formerly known as TeliaSonera AB, is headquartered in Stockholm, Sweden. “

OTCMKTS TLSNY traded down $0.04 during trading hours on Thursday, reaching $8.85. The company’s stock had a trading volume of 42,066 shares, compared to its average volume of 46,560. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 1.09. TELIA Co A B/ADR has a 52 week low of $8.21 and a 52 week high of $9.66. The business has a 50-day simple moving average of $8.69 and a 200 day simple moving average of $8.74. The stock has a market cap of $19.16 billion, a PE ratio of 17.70 and a beta of 0.36.

TELIA Co A B/ADR (OTCMKTS:TLSNY) last released its earnings results on Thursday, July 18th. The technology company reported $0.08 earnings per share for the quarter. The business had revenue of $2.25 billion for the quarter. TELIA Co A B/ADR had a return on equity of 7.76% and a net margin of 6.13%. As a group, equities analysts predict that TELIA Co A B/ADR will post 0.51 EPS for the current year.


Telia Company AB (publ) provides communication services in Sweden, Finland, Norway, Denmark, Lithuania, and Estonia. The company offers mobile, broadband, television, and fixed-line services to businesses, individuals, families, and communities. It also provides contact center, Internet of Things (IoT), hosting, managed Wi-Fi, and cloud and security services; data center and infrastructure services; IP-network solutions and system integration services; and financing solutions.

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