Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) Sees Strong Trading Volume – What’s Next?

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) shares saw strong trading volume on Monday . 2,950 shares changed hands during mid-day trading, an increase of 72% from the previous session’s volume of 1,711 shares.The stock last traded at $25.79 and had previously closed at $27.69.

Magyar Telekom Tavkozlesi Nyrt Trading Down 3.3%

The business has a fifty day moving average price of $27.11 and a two-hundred day moving average price of $26.41. The company has a current ratio of 1.23, a quick ratio of 1.13 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $4.94 billion, a PE ratio of 9.04 and a beta of 0.42.

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) last posted its earnings results on Wednesday, November 12th. The utilities provider reported $0.92 EPS for the quarter. The company had revenue of $717.65 million for the quarter. Magyar Telekom Tavkozlesi Nyrt had a net margin of 19.42% and a return on equity of 22.00%.

Magyar Telekom Tavkozlesi Nyrt 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.