Tele2 AB (publ) (OTCMKTS:TLTZY) Hits New 52-Week High – Should You Buy?

Shares of Tele2 AB (publ) (OTCMKTS:TLTZY) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $6.62 and last traded at $6.62, with a volume of 380 shares traded. The stock had previously closed at $6.28.

Tele2 AB (publ) Stock Performance

The firm has a market capitalization of $9.06 billion, a PE ratio of 25.46 and a beta of 0.59. The firm’s 50 day moving average price is $5.58 and its 200-day moving average price is $5.37. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.47 and a current ratio of 0.54.

Tele2 AB (publ) (OTCMKTS:TLTZY) last issued its quarterly 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, research 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.