Shares of Hellenic Telecom Organization SA (OTCMKTS:HLTOY – Get Free Report) saw an uptick in trading volume on Monday . 12,224 shares traded hands during trading, an increase of 25% from the previous session’s volume of 9,755 shares.The stock last traded at $11.06 and had previously closed at $11.1478.
Analysts Set New Price Targets
Separately, Morgan Stanley restated an “overweight” rating on shares of Hellenic Telecom Organization in a research report on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy”.
Check Out Our Latest Report on Hellenic Telecom Organization
Hellenic Telecom Organization Stock Down 0.1%
Hellenic Telecom Organization (OTCMKTS:HLTOY – Get Free Report) last announced its earnings results on Friday, May 8th. The utilities provider reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $982.60 million. Hellenic Telecom Organization had a net margin of 13.81% and a return on equity of 29.97%.
About Hellenic Telecom Organization
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
- These 5 Companies Just Made a Massive Bet on Themselves
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
- RH’s Strong Q1 Still Leaves Investors With One Big Question
- Iran Ceasefire or Not, These 3 Companies Could Win
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.
