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

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

Tele2 AB (publ) Stock Performance

The stock’s 50-day moving average is $5.89 and its 200-day moving average is $5.44. 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 stock has a market cap of $9.51 billion, a price-to-earnings ratio of 26.73 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%. On average, analysts expect that Tele2 AB will post 0.28 EPS for the current year.

About Tele2 AB (publ)

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.