Tele2 AB (publ) (OTCMKTS:TLTZY) Trading 0.5% Higher – Still a Buy?

Tele2 AB (publ) (OTCMKTS:TLTZY) traded up 0.5% on Wednesday . The company traded as high as $5.55 and last traded at $5.55. 519 shares were traded during trading, a decline of 11% from the average session volume of 585 shares. The stock had previously closed at $5.52.

Tele2 AB (publ) Trading Up 0.5 %

The stock has a 50-day simple moving average of $5.12 and a two-hundred day simple moving average of $5.26. The firm has a market capitalization of $7.58 billion, a P/E ratio of 21.34 and a beta of 0.60. The company has a current ratio of 0.54, a quick ratio of 0.47 and a debt-to-equity ratio of 0.98.

Tele2 AB (publ) (OTCMKTS:TLTZY) last announced 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 net margin of 13.05% and a return on equity of 17.50%. On average, equities research analysts anticipate 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.