Tele2 (TLTZY) to Release Earnings on Wednesday

Tele2 (OTCMKTS:TLTZY) is anticipated to announce its results before the market opens on Wednesday, February 4th. Analysts expect the company to announce earnings of $0.10 per share for the quarter.

Tele2 Price Performance

TLTZY stock opened at $9.11 on Wednesday. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.68 and a quick ratio of 0.63. The company’s 50-day moving average is $8.15 and its 200-day moving average is $8.20. The stock has a market capitalization of $12.47 billion, a PE ratio of 29.38 and a beta of 0.44. Tele2 has a 1 year low of $5.24 and a 1 year high of $9.34.

Wall Street Analyst Weigh In

TLTZY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Tele2 in a report on Tuesday. BNP Paribas Exane upgraded Tele2 from a “hold” rating to an “outperform” rating in a report on Thursday, October 2nd. Finally, New Street Research raised shares of Tele2 to a “buy” rating in a research report on Wednesday, December 17th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Tele2 presently has a consensus rating of “Buy”.

About Tele2

Tele2 AB is a European telecommunications company headquartered in Kista, Sweden. Since its founding in 1993, the firm has developed into a full-service provider of voice, data and multimedia solutions for both consumer and business markets. Its core offerings include mobile telephony, fixed and mobile broadband, voice over IP, digital television services and data network solutions, alongside emerging Internet of Things (IoT) and machine-to-machine connectivity products.

Tele2 operates primarily across the Nordic and Baltic regions, with key markets in Sweden, Estonia, Latvia and Lithuania.