Tele2 AB (publ) (OTCMKTS:TLTZY - Get Free Report)'s stock price shot up 6.3% during mid-day trading on Friday . The company traded as high as $5.40 and last traded at $5.40. 200 shares traded hands during trading, a decline of 90% from the average session volume of 1,927 shares. The stock had previously closed at $5.08.
Analyst Ratings Changes
Separately, Citigroup raised Tele2 AB (publ) to a "strong-buy" rating in a report on Tuesday, September 24th.
Get Our Latest Stock Report on Tele2 AB (publ)
Tele2 AB (publ) Stock Performance
The business has a fifty day simple moving average of $5.47 and a two-hundred day simple moving average of $5.12. The company has a quick ratio of 0.46, a current ratio of 0.52 and a debt-to-equity ratio of 1.13. The company has a market cap of $7.38 billion, a P/E ratio of 20.77 and a beta of 0.58.
Tele2 AB (publ) (OTCMKTS:TLTZY - Get Free Report) last posted its earnings results on Tuesday, October 22nd. The company reported $0.08 earnings per share for the quarter. Tele2 AB (publ) had a return on equity of 17.09% and a net margin of 12.97%. The company had revenue of $709.41 million for the quarter. On average, sell-side analysts anticipate that Tele2 AB will post 0.27 EPS for the current year.
Tele2 AB (publ) Cuts Dividend
The business also recently declared a dividend, which was paid on Monday, November 4th. Shareholders of record on Tuesday, October 15th were given a $0.111 dividend. The ex-dividend date was Tuesday, October 15th. Tele2 AB (publ)'s payout ratio is 61.54%.
About Tele2 AB (publ)
(
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.
Further Reading
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