Tele2 (OTCMKTS:TLTZY) Sees Large Volume Increase – What’s Next?

Posted by Caroline Horne on Mar 6th, 2026

Tele2 (OTCMKTS:TLTZY – Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 42,923 shares were traded during trading, an increase of 191% from the previous session’s volume of 14,731 shares.The stock last traded at $10.98 and had previously closed at $10.30.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Tele2 in a research note on Tuesday, January 27th. New Street Research upgraded Tele2 to a “buy” rating in a research note on Wednesday, December 17th. Two investment 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.com, the stock currently has an average rating of “Buy”.

View Our Latest Stock Analysis on Tele2

Tele2 Price Performance

The firm has a 50-day simple moving average of $9.45 and a two-hundred day simple moving average of $8.64. The company has a market capitalization of $14.30 billion, a price-to-earnings ratio of 30.74 and a beta of 0.44. The company has a current ratio of 0.57, a quick ratio of 0.53 and a debt-to-equity ratio of 0.90.

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). The company had revenue of $854.77 million during the quarter, compared to analyst estimates of $866.14 million. Tele2 had a net margin of 15.40% and a return on equity of 21.68%. As a group, analysts predict that Tele2 will post 0.28 earnings per share for the current fiscal year.

About Tele2

(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.