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

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $23.65 and last traded at $23.65, with a volume of 6321 shares trading hands. The stock had previously closed at $23.27.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság Stock Performance

The company’s 50 day moving average is $19.08 and its 200-day moving average is $16.52. The firm has a market capitalization of $4.55 billion, a P/E ratio of 10.85 and a beta of 0.58. The company has a quick ratio of 1.21, a current ratio of 1.31 and a debt-to-equity ratio of 0.18.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) last issued its earnings results on Tuesday, February 25th. The utilities provider reported $0.50 earnings per share 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.