Tele2 (OTCMKTS:TLTZY) Sees Strong Trading Volume – Should You Buy?

Posted by on Jul 31st, 2026

Shares of Tele2 (OTCMKTS:TLTZY – Get Free Report) saw an uptick in trading volume on Friday . 90,682 shares changed hands during trading, an increase of 19% from the previous session’s volume of 75,961 shares.The stock last traded at $8.53 and had previously closed at $8.65.

Analysts Set New Price Targets

TLTZY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Tele2 in a report on Tuesday, April 21st. Kepler Capital Markets raised Tele2 from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 8th. Citigroup downgraded shares of Tele2 from a “buy” rating to a “neutral” rating in a research report on Thursday, May 7th. Finally, Zacks Research lowered shares of Tele2 from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Tele2 currently has an average rating of “Moderate Buy”.

Read Our Latest Report on TLTZY

Tele2 Stock Down 1.1%

The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.97 and a current ratio of 0.70. The company has a market cap of $11.80 billion, a P/E ratio of 11.04 and a beta of 0.40. The firm’s 50-day simple moving average is $8.92 and its 200 day simple moving average is $9.66.

Tele2 (OTCMKTS:TLTZY – Get Free Report) last released its quarterly earnings data on Thursday, July 16th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). Tele2 had a net margin of 33.96% and a return on equity of 43.42%. The company had revenue of $766.77 million during the quarter, compared to the consensus estimate of $750.18 million. On average, research analysts forecast that Tele2 will post 0.78 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.

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