Tele2 AB (publ) (OTCMKTS:TLTZY) Reaches New 52-Week High - Time to Buy?

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

Tele2 AB (publ) Trading Down 2.3 %

The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.47 and a current ratio of 0.54. The stock has a market capitalization of $8.85 billion, a P/E ratio of 24.89 and a beta of 0.59. The stock has a 50-day moving average price of $5.66 and a two-hundred day moving average price of $5.39.

Tele2 AB (publ) (OTCMKTS:TLTZY - Get Free Report) last issued 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%. On average, research analysts forecast that Tele2 AB will post 0.28 EPS for the current fiscal 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.