Tele2 AB (publ) (OTCMKTS:TLTZY) Sets New 1-Year High – Here’s Why

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

Tele2 AB (publ) Trading Up 0.2 %

The firm has a market cap of $9.33 billion, a PE ratio of 26.23 and a beta of 0.59. The company’s 50 day moving average price is $5.80 and its two-hundred day moving average price is $5.42. The company has a quick ratio of 0.47, a current ratio of 0.54 and a debt-to-equity ratio of 0.98.

Tele2 AB (publ) (OTCMKTS:TLTZY) last posted its quarterly 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 return on equity of 17.50% and a net margin of 13.05%. As a group, sell-side analysts forecast 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.