Tele2 (OTCMKTS:TLTZY) Reaches New 52-Week High – Should You Buy?

Posted by Dante Gardener on Feb 9th, 2026

Shares of Tele2 (OTCMKTS:TLTZY – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $10.45 and last traded at $10.45, with a volume of 141 shares. The stock had previously closed at $9.89.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on TLTZY shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Tele2 in a research report on Tuesday, January 27th. New Street Research raised Tele2 to a “buy” rating in a report on Wednesday, December 17th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Read Our Latest Stock Analysis on Tele2

Tele2 Price Performance

The firm has a market cap of $13.98 billion, a price-to-earnings ratio of 30.04 and a beta of 0.45. The company has a current ratio of 0.68, a quick ratio of 0.63 and a debt-to-equity ratio of 1.07. The company has a 50 day moving average of $8.42 and a 200 day moving average of $8.31.

Tele2 (OTCMKTS:TLTZY – Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.02). Tele2 had a net margin of 15.40% and a return on equity of 22.04%. The business had revenue of $854.77 million during the quarter, compared to analyst estimates of $866.14 million. Equities research analysts predict that Tele2 will post 0.28 EPS for the current fiscal year.

Tele2 Company Profile

(Get Free Report)

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.