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Hellenic Telecom Organization (OTCMKTS:HLTOY) Shares Down 1.7% - Time to Sell?

Hellenic Telecom Organization logo with Utilities background

Key Points

  • Hellenic Telecom Organization's shares fell by 1.7% to $9.04, with trading volume also down significantly by 61% compared to its average.
  • The company reported quarterly earnings of $0.18 per share, meeting analysts' expectations, and its revenue reached $1.06 billion, surpassing the consensus estimate.
  • Hellenic Telecom operates mainly in Greece and Romania, offering a range of telecommunications and related services.
  • Five stocks to consider instead of Hellenic Telecom Organization.

Hellenic Telecom Organization SA (OTCMKTS:HLTOY - Get Free Report) fell 1.7% on Monday . The stock traded as low as $9.04 and last traded at $9.04. 621 shares were traded during mid-day trading, a decline of 61% from the average session volume of 1,582 shares. The stock had previously closed at $9.20.

Hellenic Telecom Organization Trading Down 1.7%

The business's 50 day simple moving average is $9.51 and its 200-day simple moving average is $9.37. 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 posted its quarterly earnings results on Wednesday, August 6th. The utilities provider reported $0.18 earnings per share for the quarter, meeting analysts' consensus estimates of $0.18. Hellenic Telecom Organization had a return on equity of 26.09% and a net margin of 12.39%.The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $908.46 million.

About Hellenic Telecom Organization

(Get Free Report)

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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