Telenor ASA (OTCMKTS:TELNF – Get Free Report) shares passed below its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $13.94 and traded as low as $13.15. Telenor ASA shares last traded at $13.15, with a volume of 29 shares traded.
Telenor ASA Stock Performance
The firm has a 50-day moving average of $13.91 and a 200 day moving average of $15.20.
Telenor ASA Company Profile
Telenor ASA is a Norwegian telecommunications company headquartered in Fornebu, Norway. The company provides mobile and fixed-line communications, broadband, television, data connectivity and related digital services to consumers, businesses and public-sector customers.
Telenor’s offerings include mobile voice and data services, fiber and other broadband connections, enterprise communications, Internet of Things solutions, cybersecurity and digital infrastructure services. Through its consumer and business operations, the company supports connectivity across mobile networks and fixed communications infrastructure.
Telenor traces its origins to 1855, when Norway established a national telegraph administration.
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