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

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $25.60 and last traded at $24.94, with a volume of 2983 shares traded. The stock had previously closed at $24.87.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság Stock Performance

The stock has a market cap of $4.80 billion, a PE ratio of 11.44 and a beta of 0.39. The company has a quick ratio of 1.21, a current ratio of 1.31 and a debt-to-equity ratio of 0.18. The stock has a 50-day moving average of $23.17 and a 200 day moving average of $19.63.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) last announced its earnings results on Wednesday, May 14th. The utilities provider reported $0.78 earnings per share (EPS) for the quarter. The firm had revenue of $627.20 million during the quarter. Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság had a return on equity of 19.26% and a net margin of 15.38%.

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.