Telenor ASA (OTCMKTS:TELNY – Get Free Report) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 3,100 shares, a decline of 31.1% from the February 29th total of 4,500 shares. Based on an average daily trading volume, of 59,600 shares, the short-interest ratio is presently 0.1 days.
Telenor ASA Stock Down 0.6 %
Shares of TELNY stock traded down $0.07 during trading on Friday, hitting $11.14. The company had a trading volume of 47,555 shares, compared to its average volume of 30,539. The company has a current ratio of 0.86, a quick ratio of 0.84 and a debt-to-equity ratio of 1.09. The stock’s 50-day moving average price is $11.02 and its 200 day moving average price is $11.00. Telenor ASA has a one year low of $9.89 and a one year high of $12.63.
Telenor ASA (OTCMKTS:TELNY – Get Free Report) last announced its quarterly earnings data on Wednesday, February 7th. The utilities provider reported $0.04 EPS for the quarter. Telenor ASA had a net margin of 18.03% and a return on equity of 4.19%. The business had revenue of $1.94 billion during the quarter. Analysts forecast that Telenor ASA will post 0.9 EPS for the current fiscal year.
Telenor ASA Company Profile
Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. It operates through four segments: Nordics, Asia, Infrastructure, and Amp. The company offers mobile subscriptions and handsets, telephony, broadband, data security, communications services, and TV services to residential and business customers, as well as wholesale services.
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