Tele2 (OTCMKTS:TLTZY - Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $7.66, but opened at $7.25. Tele2 shares last traded at $7.31, with a volume of 1,845 shares trading hands.
Tele2 Price Performance
The company has a fifty day simple moving average of $7.35 and a two-hundred day simple moving average of $6.36. The company has a market capitalization of $9.73 billion, a price-to-earnings ratio of 27.35 and a beta of 0.51. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.48 and a current ratio of 0.54.
Tele2 (OTCMKTS:TLTZY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.01). Tele2 had a net margin of 13.20% and a return on equity of 18.01%. The company had revenue of $670.12 million for the quarter, compared to analysts' expectations of $7.33 billion. As a group, research analysts anticipate that Tele2 will post 0.28 earnings per share for the current year.
Tele2 Cuts Dividend
The firm also recently declared a dividend, which was paid on Wednesday, June 4th. Investors of record on Friday, May 16th were given a dividend of $0.0972 per share. The ex-dividend date was Thursday, May 15th. This represents a yield of 2.77%. Tele2's dividend payout ratio (DPR) is 88.46%.
About Tele2
(
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Tele2 AB (publ) provides fixed and mobile connectivity, handset related data services, and entertainment services in Sweden, Lithuania, Latvia, and Estonia. The company offers mobile telephony and data, fixed broadband, fixed telephony, switch and contact center, cloud services, IT services, network services, workplace, video and collaboration, united communications, and security services.
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