Telenor ASA (OTCMKTS:TELNF) Stock Passes Above 50-Day Moving Average – Time to Sell?

Telenor ASA (OTCMKTS:TELNFGet Free Report)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $11.40 and traded as high as $11.50. Telenor ASA shares last traded at $11.50, with a volume of 11,560 shares.

Telenor ASA Stock Up 2.3 %

The company has a 50 day moving average price of $11.40 and a 200-day moving average price of $11.83.

About Telenor ASA

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Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. It operates through four segments: Nordics, Asia, Infrastructure, and Amp. The company offers mobile subscriptions and handsets, telephony, broadband, data security, communications services, and TV services to residential and business customers, as well as wholesale services.

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