Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) Hits New 12-Month High – Here’s Why

Shares of Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) hit a new 52-week high during trading on Wednesday . The stock traded as high as $21.30 and last traded at $21.17, with a volume of 3541 shares. The stock had previously closed at $18.16.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság Stock Performance

The firm’s 50 day simple moving average is $17.24 and its 200 day simple moving average is $15.76. The firm has a market cap of $4.08 billion, a PE ratio of 9.71 and a beta of 0.67. The company has a current ratio of 1.31, a quick ratio of 1.21 and a debt-to-equity ratio of 0.18.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) last posted its earnings results on Tuesday, February 25th. The utilities provider reported $0.50 EPS for the quarter. The company had revenue of $671.20 million for the quarter. Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság had a return on equity of 19.26% and a net margin of 15.38%.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság Company Profile

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.