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

Tele2 AB (publ) (OTCMKTS:TLTZY - Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as $6.95 and last traded at $6.95, with a volume of 1033 shares traded. The stock had previously closed at $6.45.

Tele2 AB (publ) Trading Down 1.6 %

The firm has a market cap of $8.53 billion, a price-to-earnings ratio of 23.96 and a beta of 0.49. 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 business has a 50 day moving average price of $6.02 and a 200-day moving average price of $5.47.

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 analysts' consensus estimates 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, research analysts expect that Tele2 AB will post 0.28 EPS for the current fiscal 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.