Tele2 AB (publ) (OTCMKTS:TLTZY) Hits New 52-Week High – Here’s What Happened

Tele2 AB (publ) (OTCMKTS:TLTZY) shares hit a new 52-week high during trading on Tuesday . The stock 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) Stock Performance

The firm has a market capitalization of $8.13 billion, a P/E ratio of 22.89 and a beta of 0.60. The company has a 50-day simple moving average of $5.15 and a two-hundred day simple moving average of $5.27. 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 posted its quarterly earnings data on Wednesday, January 29th. The company reported $0.06 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%. As a group, equities 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.