Tele2 (OTCMKTS:TLTZY) Trading Down 10.5% – Here’s What Happened

Posted by Mark Dietrich on Mar 3rd, 2026

Tele2 (OTCMKTS:TLTZY – Get Free Report) fell 10.5% during trading on Tuesday . The company traded as low as $9.61 and last traded at $9.61. 9,607 shares changed hands during trading, a decline of 33% from the average session volume of 14,421 shares. The stock had previously closed at $10.7360.

Analysts Set New Price Targets

A number of research firms have recently issued reports on TLTZY. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Tele2 in a research report on Tuesday, January 27th. New Street Research raised shares of 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 assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy”.

Check Out Our Latest Research Report on Tele2

Tele2 Stock Performance

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 stock has a market cap of $13.88 billion, a P/E ratio of 29.82 and a beta of 0.44. The firm’s 50-day moving average is $9.32 and its two-hundred day moving average is $8.60.

Tele2 (OTCMKTS:TLTZY – Get Free Report) last announced its quarterly 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). Tele2 had a return on equity of 21.68% and a net margin of 15.40%.The business had revenue of $854.77 million for the quarter, compared to analyst estimates of $866.14 million. As a group, research analysts expect that Tele2 will post 0.28 EPS for the current 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.