Telenor ASA (OTCMKTS:TELNY) Upgraded at ValuEngine

Telenor ASA (OTCMKTS:TELNY) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Thursday, October 26th.

Shares of Telenor ASA (OTCMKTS:TELNY) traded down $0.12 during midday trading on Thursday, reaching $21.21. 17,533 shares of the company’s stock were exchanged, compared to its average volume of 65,619. Telenor ASA has a 52 week low of $14.34 and a 52 week high of $21.69. The company has a quick ratio of 0.58, a current ratio of 0.60 and a debt-to-equity ratio of 0.96. The firm has a market cap of $31,838.42, a P/E ratio of 16.44, a price-to-earnings-growth ratio of 6.47 and a beta of 0.94.

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Telenor ASA Company Profile

Telenor ASA is a telecommunication company. The Company’s segments include Norway, Sweden, Denmark, Hungary, Bulgaria, Montenegro & Serbia, dtac-Thailand, Digi-Malaysia, Grameenphone-Bangladesh, Pakistan, India, Myanmar, Broadcast and Other units. The Company’s main products and services are mobile communication, fixed line communication and broadcasting activities.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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