Tele2 AB (publ) (OTCMKTS:TLTZY) Announces Earnings Results

Tele2 AB (publ) (OTCMKTS:TLTZY) posted its quarterly earnings results on Wednesday. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.01), Zacks reports. Tele2 AB (publ) had a return on equity of 17.26% and a net margin of 12.97%.

Tele2 AB (publ) Stock Performance

OTCMKTS TLTZY opened at $5.26 on Wednesday. The firm has a market capitalization of $7.19 billion, a P/E ratio of 20.23 and a beta of 0.59. The firm’s fifty day moving average price is $4.99 and its two-hundred day moving average price is $5.19. Tele2 AB has a 1 year low of $3.82 and a 1 year high of $5.78. The company has a current ratio of 0.58, a quick ratio of 0.52 and a debt-to-equity ratio of 1.07.

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.