Tele2 AB (publ) (OTCMKTS:TLTZY) Hits New 12-Month High at $5.78

Tele2 AB (publ) (OTCMKTS:TLTZY)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $5.78 and last traded at $5.57, with a volume of 325 shares changing hands. The stock had previously closed at $5.54.

Tele2 AB (publ) Stock Performance

The stock’s 50-day moving average is $5.09 and its 200-day moving average is $4.73. The firm has a market capitalization of $7.47 billion, a price-to-earnings ratio of 22.16 and a beta of 0.58. The company has a current ratio of 0.89, a quick ratio of 0.82 and a debt-to-equity ratio of 1.04.

Tele2 AB (publ) (OTCMKTS:TLTZY) last announced its quarterly earnings results on Wednesday, July 17th. The company reported $0.06 earnings per share (EPS) for the quarter. Tele2 AB (publ) had a net margin of 12.85% and a return on equity of 16.25%. The firm had revenue of $678.91 million during the quarter. On average, analysts predict that Tele2 AB will post 0.27 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.