Hellenic Telecom Organization SA (OTCMKTS:HLTOY – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 10,360 shares traded hands during mid-day trading, an increase of 46% from the previous session’s volume of 7,111 shares.The stock last traded at $11.0043 and had previously closed at $10.93.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Hellenic Telecom Organization in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy”.
Read Our Latest Stock Report on HLTOY
Hellenic Telecom Organization Price Performance
Hellenic Telecom Organization (OTCMKTS:HLTOY – Get Free Report) last released its quarterly earnings data on Friday, May 8th. The utilities provider reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $982.60 million. Hellenic Telecom Organization had a return on equity of 30.98% and a net margin of 13.81%.
Hellenic Telecom Organization Company Profile
Hellenic Telecommunications Organization SA (OTCMKTS: HLTOY), also known as OTE Group, is the primary provider of telecommunications and digital services in Greece. The company offers a comprehensive suite of solutions that includes fixed-line telephony, mobile communications under the COSMOTE brand, broadband internet access via fiber and ADSL networks, and pay-TV services through its COSMOTE TV platform. In addition, OTE Group delivers enterprise-focused ICT offerings such as cloud computing, data center operations, cybersecurity, managed network services and system integration.
Established in 1949 as Greece’s state telecommunications monopoly, OTE Group began a gradual privatization process in the late 1990s, which culminated in a majority stake acquisition by Deutsche Telekom.
Further Reading
- Five stocks we like better than Hellenic Telecom Organization
- Why Applied Optoelectronics Stock May Be Near a Turning Point
- From High-Yield to High-Growth: 3 Stocks Boosting Dividends
- Is Everspin Technologies the Next AI Edge Breakout?
- 5 Robotics Stocks to Watch as Physical AI Builds Momentum
Receive News & Ratings for Hellenic Telecom Organization Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hellenic Telecom Organization and related companies with MarketBeat.com's FREE daily email newsletter.
