Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) Reaches New 52-Week High – Here’s Why

Shares of Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $17.94 and last traded at $17.94, with a volume of 317 shares. The stock had previously closed at $17.37.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság Price Performance

The company has a current ratio of 1.31, a quick ratio of 1.21 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $3.44 billion, a P/E ratio of 8.20 and a beta of 0.67. The stock has a 50 day moving average of $16.14 and a 200-day moving average of $15.23.

About Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság provides fixed-line and mobile telecommunication services for residential and business customers in Hungary, Bulgaria, Romania, and the Republic of North Macedonia. It operates through MT-Hungary and North Macedonia segments. The company offers TV distribution, information communication, and system integration services; mobile telecommunication services, such as prepaid and postpaid plans, TV, broadband, and phone services; and sells telecommunications network and equipment.