Tele2 (OTCMKTS:TLTZY) Sees Strong Trading Volume – Here’s What Happened

Posted by Doug Wharley on Jul 1st, 2026

Tele2 (OTCMKTS:TLTZY – Get Free Report) shares saw an uptick in trading volume on Monday . 156,138 shares changed hands during trading, an increase of 168% from the previous session’s volume of 58,248 shares.The stock last traded at $8.88 and had previously closed at $8.95.

Analyst Upgrades and Downgrades

TLTZY has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Tele2 in a research report on Tuesday, April 21st. Zacks Research upgraded Tele2 from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. Finally, Citigroup cut Tele2 from a “buy” rating to a “neutral” rating in a research note on Thursday, May 7th. Three analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

View Our Latest Research Report on Tele2

Tele2 Stock Performance

The stock has a market cap of $11.47 billion, a P/E ratio of 10.73 and a beta of 0.39. The company has a fifty day moving average of $9.63 and a 200 day moving average of $9.63. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.03 and a quick ratio of 0.97.

Tele2 (OTCMKTS:TLTZY – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $0.50 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $775.46 million. On average, equities analysts predict that Tele2 will post 0.83 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.