Tele2 (OTCMKTS:TLTZY) Sets New 1-Year High – Here’s Why

Posted by Donna Armstrong on Feb 20th, 2026

Tele2 (OTCMKTS:TLTZY – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $11.04 and last traded at $10.50, with a volume of 513 shares changing hands. The stock had previously closed at $10.5010.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. New Street Research upgraded shares of Tele2 to a “buy” rating in a research note on Wednesday, December 17th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Tele2 in a research report on Tuesday, January 27th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

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Tele2 Stock Down 0.0%

The company has a debt-to-equity ratio of 0.90, a current ratio of 0.57 and a quick ratio of 0.53. The firm has a market capitalization of $14.87 billion, a P/E ratio of 31.96 and a beta of 0.45. The firm’s fifty day moving average price is $9.00 and its 200-day moving average price is $8.49.

Tele2 (OTCMKTS:TLTZY – Get Free Report) last released its earnings results on Wednesday, January 28th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.02). The firm had revenue of $854.77 million during the quarter, compared to analyst estimates of $866.14 million. Tele2 had a return on equity of 21.68% and a net margin of 15.40%. As a group, equities research analysts forecast that Tele2 will post 0.28 earnings per share for the current year.

About Tele2

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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.