Hellenic Telecom Organization (OTCMKTS:HLTOY) Shares Down 0.5% - Time to 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) shares dropped 0.5% during trading on Monday . The stock traded as low as $9.91 and last traded at $9.91. Approximately 125 shares traded hands during trading, a decline of 99% from the average daily volume of 15,763 shares. The stock had previously closed at $9.95.

Hellenic Telecom Organization Stock Down 0.5%

The firm's fifty day simple moving average is $9.30 and its 200 day simple moving average is $9.16. The company has a current ratio of 0.78, a quick ratio of 0.75 and a debt-to-equity ratio of 0.46.

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

Hellenic Telecom Organization Increases Dividend

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

About Hellenic Telecom Organization

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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