Berenberg Bank lowered shares of Telenor ASA (OTCMKTS:TELNY) from a hold rating to a sell rating in a research report report published on Friday, reports.

Shares of Telenor ASA (OTCMKTS:TELNY) opened at 16.65 on Friday. The company has a 50-day moving average of $17.23 and a 200-day moving average of $16.63. The company has a market cap of $25.00 billion, a PE ratio of 142.31 and a beta of 1.24. Telenor ASA has a 1-year low of $13.71 and a 1-year high of $20.70.

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.

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