Tele2 AB (publ) (OTCMKTS:TLTZY) Hits New 52-Week High – Should You Buy?

Tele2 AB (publ) (OTCMKTS:TLTZY)’s share price reached a new 52-week high on Friday . The stock traded as high as $6.62 and last traded at $6.62, with a volume of 380 shares changing hands. The stock had previously closed at $6.28.

Tele2 AB (publ) Price Performance

The company has a current ratio of 0.54, a quick ratio of 0.47 and a debt-to-equity ratio of 0.98. The company’s fifty day moving average is $5.58 and its two-hundred day moving average is $5.37. The stock has a market cap of $9.06 billion, a price-to-earnings ratio of 25.46 and a beta of 0.59.

Tele2 AB (publ) (OTCMKTS:TLTZY) last posted its earnings results on Wednesday, January 29th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.01). Tele2 AB (publ) had a net margin of 13.05% and a return on equity of 17.50%. As a group, research analysts predict that Tele2 AB will post 0.28 earnings per share for the current year.

Tele2 AB (publ) Company Profile

Tele2 AB (publ) provides fixed and mobile connectivity, handset related data services, and entertainment services in Sweden, Lithuania, Latvia, and Estonia. The company offers mobile telephony and data, fixed broadband, fixed telephony, switch and contact center, cloud services, IT services, network services, workplace, video and collaboration, united communications, and security services.