Tele2 (OTCMKTS:TLTZY) Sees Large Volume Increase – Should You Buy?

Posted by Dante Gardener on Jun 22nd, 2026

Shares of Tele2 (OTCMKTS:TLTZY – Get Free Report) saw unusually-strong trading volume on Monday . 198,955 shares traded hands during trading, an increase of 285% from the previous session’s volume of 51,655 shares.The stock last traded at $9.45 and had previously closed at $9.16.

Analyst Ratings Changes

Several equities analysts have commented on the company. Citigroup downgraded Tele2 from a “buy” rating to a “neutral” rating in a research report on Thursday, May 7th. Zacks Research raised Tele2 from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Tele2 in a report on Tuesday, April 21st. Three equities research 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 company. According to MarketBeat, Tele2 currently has a consensus rating of “Buy”.

View Our Latest Report on TLTZY

Tele2 Trading Down 1.5%

The company has a market cap of $12.36 billion, a price-to-earnings ratio of 11.56 and a beta of 0.39. The firm has a 50 day moving average price of $9.86 and a two-hundred day moving average price of $9.58. The company has a quick ratio of 0.97, a current ratio of 1.03 and a debt-to-equity ratio of 0.70.

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