Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) Reaches New 12-Month High – Should You Buy?

Shares of Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) reached a new 52-week high on Wednesday . The stock traded as high as $18.64 and last traded at $18.64, with a volume of 848 shares traded. The stock had previously closed at $18.02.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság Stock Performance

The stock has a fifty day moving average of $16.37 and a 200-day moving average of $15.33. The firm has a market capitalization of $3.46 billion, a P/E ratio of 8.25 and a beta of 0.67. The company has a quick ratio of 1.21, a current ratio of 1.31 and a debt-to-equity ratio of 0.18.

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.