Tele2 (OTCMKTS:TLTZY - Get Free Report)'s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $7.38, but opened at $7.04. Tele2 shares last traded at $7.04, with a volume of 3,037 shares traded.
Tele2 Stock Down 0.1%
The company has a market cap of $10.07 billion, a price-to-earnings ratio of 28.29 and a beta of 0.53. The firm's 50 day simple moving average is $7.31 and its 200-day simple moving average is $6.21. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.54 and a quick ratio of 0.48.
Tele2 (OTCMKTS:TLTZY - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The company reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by ($0.01). Tele2 had a return on equity of 18.01% and a net margin of 13.20%. The firm had revenue of $670.12 million during the quarter, compared to analyst estimates of $7.33 billion. As a group, sell-side analysts anticipate that Tele2 will post 0.28 earnings per share for the current year.
Tele2 Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Wednesday, June 4th. Stockholders of record on Friday, May 16th were paid a dividend of $0.0972 per share. The ex-dividend date was Thursday, May 15th. This represents a dividend yield of 2.77%. Tele2's dividend payout ratio (DPR) is 88.46%.
About Tele2
(
Get Free Report)
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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