Hellenic Telecom Organization (OTCMKTS:HLTOY) Sees Strong Trading Volume - Still a Buy?

Key Points

• Hellenic Telecom Organization (OTCMKTS:HLTOY) experienced a trading volume increase of 377%, with approximately 23,738 shares traded, resulting in a stock price rise of 3.1% to $9.58.
• The company reported a quarterly earnings per share (EPS) of $0.18, meeting analysts' expectations, and generated revenue of $1.06 billion, significantly exceeding the predicted $908.46 million.
• Hellenic Telecom serves primarily Greece and Romania, offering a range of telecommunications services including fixed-line, Internet access, and TV production through its subsidiaries.

Hellenic Telecom Organization SA (OTCMKTS:HLTOY - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 23,738 shares were traded during mid-day trading, an increase of 377% from the previous session's volume of 4,979 shares.The stock last traded at $9.58 and had previously closed at $9.24.

Hellenic Telecom Organization Stock Up 3.1%

The stock's fifty day moving average price is $9.49 and its 200-day moving average price is $9.38. The company has a quick ratio of 0.75, a current ratio of 0.78 and a debt-to-equity ratio of 0.46.

Hellenic Telecom Organization (OTCMKTS:HLTOY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The utilities provider reported $0.18 EPS for the quarter, meeting analysts' consensus estimates of $0.18. The firm had revenue of $1.06 billion for the quarter, compared to analysts' expectations of $908.46 million. Hellenic Telecom Organization had a net margin of 12.39% and a return on equity of 26.09%.

Hellenic Telecom Organization Company Profile

Hellenic Telecommunications Organization SA provides telecommunications and related services to businesses and individuals primarily in Greece and Romania. It operates through OTE, COSMOTE Group, and Telekom Romania Mobile segments. The company offers fixed-line, Internet access, ICT, and TV production services; and international carrier services.

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