Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) Reaches New 52-Week High – Still a Buy?

Shares of Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $22.19 and last traded at $21.64, with a volume of 5911 shares. The stock had previously closed at $20.76.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság Stock Performance

The company has a market capitalization of $4.17 billion, a price-to-earnings ratio of 9.93 and a beta of 0.67. The firm has a fifty day simple moving average of $17.56 and a 200 day simple moving average of $15.89. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.31 and a quick ratio of 1.21.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) last released its quarterly earnings results on Tuesday, February 25th. The utilities provider reported $0.50 earnings per share (EPS) for the quarter. The firm had revenue of $671.20 million for the quarter. Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság had a net margin of 15.38% and a return on equity of 19.26%.

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.