Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) Reaches New 1-Year High – Still a Buy?

Shares of Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) hit a new 52-week high during trading on Friday . The company traded as high as $23.03 and last traded at $23.03, with a volume of 6158 shares traded. The stock had previously closed at $22.17.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság Price Performance

The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.21 and a current ratio of 1.31. The firm has a market capitalization of $4.43 billion, a P/E ratio of 10.56 and a beta of 0.58. The stock’s 50 day simple moving average is $18.79 and its 200 day simple moving average is $16.39.

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

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.