Telia (TLSNY) Upgraded to Hold by Zacks Investment Research

Telia (OTCMKTS:TLSNY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Saturday.

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. “

Shares of Telia (OTCMKTS:TLSNY) traded down $0.02 during mid-day trading on Friday, hitting $8.92. 53,573 shares of the stock were exchanged, compared to its average volume of 66,798. Telia has a fifty-two week low of $7.71 and a fifty-two week high of $10.14. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.91 and a current ratio of 1.96. The stock has a market cap of $19,333.83, a P/E ratio of 10.63 and a beta of 0.96.

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About Telia

Telia Company AB (publ) provides network access and telecommunication services. It operates through Sweden and Europe segments. The company offers mobile, broadband, and fixed voice TV services. It connects businesses, individuals, families, and communities via fixed and mobile communication solutions.

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