Tele2 (OTCMKTS:TLTZY) Sees Strong Trading Volume – What’s Next?

Posted by Alanna Baker on Jun 14th, 2026

Shares of Tele2 (OTCMKTS:TLTZY – Get Free Report) saw strong trading volume on Friday . 174,155 shares were traded during trading, an increase of 260% from the previous session’s volume of 48,416 shares.The stock last traded at $9.84 and had previously closed at $9.66.

Analysts Set New Price Targets

A number of analysts have commented on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Tele2 in a report on Tuesday, April 21st. Citigroup lowered Tele2 from a “buy” rating to a “neutral” rating in a report on Thursday, May 7th. Finally, Zacks Research raised Tele2 from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 19th. Three investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Check Out Our Latest Research Report on TLTZY

Tele2 Price Performance

The business has a 50 day moving average price of $10.01 and a two-hundred day moving average price of $9.51. The stock has a market cap of $13.58 billion, a PE ratio of 12.71 and a beta of 0.39. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.97 and a current ratio of 1.03.

Tele2 (OTCMKTS:TLTZY – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.40. Tele2 had a return on equity of 44.93% and a net margin of 34.19%.The firm had revenue of $764.89 million for the quarter, compared to the consensus estimate of $775.46 million. Research analysts expect that Tele2 will post 0.83 earnings per share 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.