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

Shares of Tele2 AB (publ) (OTCMKTS:TLTZY) hit a new 52-week high during trading on Tuesday . The company traded as high as $5.95 and last traded at $5.95, with a volume of 1065 shares. The stock had previously closed at $5.55.

Tele2 AB (publ) Price Performance

The company has a quick ratio of 0.47, a current ratio of 0.54 and a debt-to-equity ratio of 0.98. The firm’s fifty day moving average price is $5.15 and its two-hundred day moving average price is $5.27. The stock has a market capitalization of $8.13 billion, a PE ratio of 22.89 and a beta of 0.60.

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