Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) Sees Large Drop in Short Interest

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 2,100 shares, a drop of 12.5% from the February 28th total of 2,400 shares. Based on an average daily volume of 4,200 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the shares of the company are sold short.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság Stock Performance

Shares of MYTAY traded up $0.14 during mid-day trading on Thursday, reaching $21.60. The company’s stock had a trading volume of 2,358 shares, compared to its average volume of 1,844. Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság has a 1-year low of $11.57 and a 1-year high of $24.11. The business has a 50-day simple moving average of $20.52 and a two-hundred day simple moving average of $17.18. The stock has a market cap of $4.16 billion, a P/E ratio of 9.91 and a beta of 0.58. 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 announced its quarterly earnings data on Tuesday, February 25th. The utilities provider reported $0.50 earnings per share 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 company had revenue of $671.20 million during the quarter.

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.