Tele2 AB (publ) (OTCMKTS:TLTZY) Reaches New 1-Year High – What’s Next?

Tele2 AB (publ) (OTCMKTS:TLTZY) shares hit a new 52-week high during trading on Thursday . The company traded as high as $6.81 and last traded at $6.81, with a volume of 170 shares traded. The stock had previously closed at $6.37.

Tele2 AB (publ) Trading Up 6.9 %

The company has a 50 day simple moving average of $5.73 and a two-hundred day simple moving average of $5.40. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.47 and a current ratio of 0.54. The firm has a market cap of $9.32 billion, a PE ratio of 26.18 and a beta of 0.59.

Tele2 AB (publ) (OTCMKTS:TLTZY) last issued its earnings results on Wednesday, January 29th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). Tele2 AB (publ) had a net margin of 13.05% and a return on equity of 17.50%. Analysts expect that Tele2 AB will post 0.28 EPS for the current fiscal 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.