Hellenic Telecom Organization (OTCMKTS:HLTOY) Shares Down 0.5% - Should You Sell?

Key Points

• Hellenic Telecom Organization shares decreased by 0.5% to $9.91, with trading volume down significantly to approximately 125 shares compared to the average of 15,763 shares.
• The company reported a net margin of 12.39% and a return on equity of 26.09% for its latest quarter, meeting earnings expectations with $0.18 EPS.
• A recent dividend of $0.3455 was declared, showing a substantial yield of 358.0%, up from the previous dividend of $0.33.

Hellenic Telecom Organization SA (OTCMKTS:HLTOY - Get Free Report)'s stock price traded down 0.5% during mid-day trading on Monday . The stock traded as low as $9.91 and last traded at $9.91. 125 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 15,763 shares. The stock had previously closed at $9.95.

Hellenic Telecom Organization Stock Performance

The company has a 50-day moving average price of $9.36 and a 200-day moving average price of $9.20. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.78 and a quick ratio of 0.75.

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

Hellenic Telecom Organization Increases Dividend

The business also recently announced a dividend, which was paid on Monday, July 21st. Investors of record on Friday, July 4th were paid a $0.3455 dividend. The ex-dividend date was Thursday, July 3rd. This is a boost from Hellenic Telecom Organization's previous dividend of $0.33. This represents a dividend yield of 358.0%.

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.