Tele2 AB (publ) (OTCMKTS:TLTZY) Reaches New 12-Month High – Should You Buy?

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

Tele2 AB (publ) Stock 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 has a market cap of $8.85 billion, a price-to-earnings ratio of 24.89 and a beta of 0.49. The stock has a 50 day moving average price of $5.96 and a two-hundred day moving average price of $5.45.

Tele2 AB (publ) (OTCMKTS:TLTZY) last posted its earnings results on Wednesday, January 29th. The company reported $0.06 earnings per share (EPS) 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%. Analysts predict that Tele2 AB will post 0.28 EPS 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.