Tele2 AB (publ) (OTCMKTS:TLTZY) Reaches New 52-Week High – What’s Next?

Tele2 AB (publ) (OTCMKTS:TLTZY)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $6.95 and last traded at $6.95, with a volume of 1033 shares changing hands. The stock had previously closed at $6.45.

Tele2 AB (publ) Price Performance

The company has a 50-day moving average of $5.89 and a two-hundred day moving average of $5.44. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.54 and a quick ratio of 0.47. The stock has a market capitalization of $9.51 billion, a PE ratio of 26.73 and a beta of 0.59.

Tele2 AB (publ) (OTCMKTS:TLTZY) last announced its quarterly earnings data 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 return on equity of 17.50% and a net margin of 13.05%. Sell-side analysts predict 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.