Tele2 (OTCMKTS:TLTZY) Sees Large Volume Increase – Still a Buy?

Posted by Chris Copeland on Mar 4th, 2026

Shares of Tele2 (OTCMKTS:TLTZY – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 42,923 shares traded hands 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.

Analyst Ratings Changes

TLTZY has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Tele2 in a research note on Tuesday, January 27th. New Street Research upgraded shares of Tele2 to a “buy” rating in a research note on Wednesday, December 17th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Get Our Latest Report on TLTZY

Tele2 Stock Performance

The company has a market cap of $15.27 billion, a P/E ratio of 32.80 and a beta of 0.44. The company has a quick ratio of 0.53, a current ratio of 0.57 and a debt-to-equity ratio of 0.90. The company has a 50 day moving average price of $9.36 and a 200-day moving average price of $8.62.

Tele2 (OTCMKTS:TLTZY – Get Free Report) last released its earnings results on Wednesday, January 28th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.02). The company had revenue of $854.77 million for 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%. Equities analysts expect that Tele2 will post 0.28 EPS 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.