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Tele2 AB (publ) (OTCMKTS:TLTZY) Stock Price Up 2.6% - What's Next?

Tele2 AB (publ) logo with Utilities background

Tele2 AB (publ) (OTCMKTS:TLTZY - Get Free Report)'s stock price traded up 2.6% during trading on Thursday . The stock traded as high as $5.08 and last traded at $5.04. 4,454 shares were traded during trading, an increase of 139% from the average session volume of 1,861 shares. The stock had previously closed at $4.91.

Analyst Ratings Changes

Separately, Citigroup raised shares of Tele2 AB (publ) to a "strong-buy" rating in a research note on Tuesday, September 24th.

Get Our Latest Analysis on Tele2 AB (publ)

Tele2 AB (publ) Stock Down 1.2 %

The company has a debt-to-equity ratio of 1.07, a current ratio of 0.58 and a quick ratio of 0.52. The stock has a 50 day simple moving average of $5.24 and a 200-day simple moving average of $5.17. The firm has a market cap of $6.81 billion, a PE ratio of 19.38 and a beta of 0.58.

Tele2 AB (publ) (OTCMKTS:TLTZY - Get Free Report) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $709.41 million during the quarter. Tele2 AB (publ) had a return on equity of 17.26% and a net margin of 12.97%. Sell-side analysts predict that Tele2 AB will post 0.26 EPS for the current fiscal year.

Tele2 AB (publ) Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, November 4th. Investors of record on Tuesday, October 15th were given a $0.111 dividend. The ex-dividend date was Tuesday, October 15th. Tele2 AB (publ)'s dividend payout ratio (DPR) is presently 61.54%.

Tele2 AB (publ) Company Profile

(Get Free Report)

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.

See Also

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