Tele2 AB (publ) (OTCMKTS:TLTZY) Trading Up 1.4% – Should You Buy?

Shares of Tele2 AB (publ) (OTCMKTS:TLTZY) were up 1.4% during mid-day trading on Friday . The company traded as high as $4.97 and last traded at $4.95. Approximately 605 shares changed hands during trading, a decline of 67% from the average daily volume of 1,811 shares. The stock had previously closed at $4.88.

Analyst Upgrades and Downgrades

Separately, Citigroup raised Tele2 AB (publ) to a “strong-buy” rating in a research report on Tuesday, September 24th.

Tele2 AB (publ) Stock Performance

The firm has a market cap of $6.76 billion, a price-to-earnings ratio of 19.04 and a beta of 0.58. 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 firm has a fifty day simple moving average of $5.07 and a two-hundred day simple moving average of $5.19.

Tele2 AB (publ) (OTCMKTS:TLTZY) last announced its quarterly earnings data on Tuesday, October 22nd. The company reported $0.08 EPS for the quarter. The firm had revenue of $709.41 million during the quarter. Tele2 AB (publ) had a net margin of 12.97% and a return on equity of 17.26%. On average, analysts expect that Tele2 AB will post 0.26 EPS for the current 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.