Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) Shares Gap Down – What’s Next?

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) shares gapped down prior to trading on Thursday . The stock had previously closed at $27.95, but opened at $27.09. Magyar Telekom Tavkozlesi Nyrt shares last traded at $27.09, with a volume of 255 shares traded.

Magyar Telekom Tavkozlesi Nyrt Price Performance

The company has a debt-to-equity ratio of 0.14, a current ratio of 1.45 and a quick ratio of 1.36. The business has a 50 day moving average of $26.74 and a 200 day moving average of $26.77.

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) last issued its quarterly earnings data on Wednesday, November 12th. The utilities provider reported $0.92 earnings per share for the quarter. Magyar Telekom Tavkozlesi Nyrt had a net margin of 20.65% and a return on equity of 22.59%. The firm had revenue of $717.65 million for the quarter.

About Magyar Telekom Tavkozlesi Nyrt

Magyar Telekom Távközlési Nyrt. is Hungary’s leading integrated telecommunications service provider and a member of the Deutsche Telekom Group. The company offers a full suite of fixed-line and mobile voice communication services alongside broadband internet access and digital television solutions. Through its extensive network infrastructure, Magyar Telekom delivers reliable connectivity to both residential and corporate customers across Hungary.

In the mobile segment, Magyar Telekom provides services under the T-Mobile brand, covering voice, data and messaging services supported by 4G LTE and an expanding 5G network.