Telenor ASA (TELNY) Projected to Post Quarterly Earnings on Thursday

Telenor ASA (OTCMKTS:TELNY - Get Free Report) is projected to issue its results before the market opens on Thursday, February 5th. Analysts expect the company to announce earnings of $2.61 per share for the quarter.Telenor ASA Trading Up 0.8%Shares of OTCMKTS TELNY opened at $16.56 on Thursday. The stock has a market capitalization of $22.66 billion, a P/E ratio of 22.38 and a beta of 0.38. The business's 50 day moving average is $14.51 and its two-hundred day moving average is $15.49. Telenor ASA has a 1-year low of $12.06 and a 1-year high of $17.32. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.52 and a quick ratio of 0.51. Analyst Upgrades and DowngradesSeparately, Pareto Securities raised shares of Telenor ASA from a "hold" rating to a "strong-buy" rating in a report on Monday, January 19th. One analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold".Read Our Latest Stock Report on TELNYAbout Telenor ASA (Get Free Report)Telenor ASA is a Norway-based multinational telecommunications company that provides a broad range of communications and digital services to consumers and businesses. Its core offerings include mobile voice and data services, fixed broadband, television distribution, and related value-added digital services. The company also provides enterprise solutions such as business connectivity, cloud and hosting services, Internet of Things (IoT) connectivity, and wholesale telecommunications services. In its consumer-facing business, Telenor operates mobile networks, broadband access and content services, and increasingly bundles digital and financial services to enhance customer engagement.Featured ArticlesFive stocks we like better than Telenor ASAHow a Family Trust May Be Able To Help Preserve Your WealthDo not delete, read immediatelyNEW LAW: Congress Approves Setup For Digital Dollar?“Fed Proof” Your Bank Account with THESE 4 Simple StepsA U.S. “birthright” claim worth trillions - activated quietlyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Telenor ASA Right Now?Before you consider Telenor ASA, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Telenor ASA wasn't on the list.While Telenor ASA currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here