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

Key Points

• Hellenic Telecom Organization's stock experienced a 3.0% decline, opening at $9.19 after closing at $9.63 the previous day.
• The company's quarterly earnings met analysts' expectations with $0.18 EPS and total revenue of $1.06 billion, surpassing estimates of $908.46 million.
• Hellenic Telecom Organization operates primarily in Greece and Romania, providing various telecommunications services including fixed-line and Internet access.

Hellenic Telecom Organization SA (OTCMKTS:HLTOY - Get Free Report)'s stock price gapped down before the market opened on Thursday . The stock had previously closed at $9.63, but opened at $9.19. Hellenic Telecom Organization shares last traded at $9.19, with a volume of 5,000 shares trading hands.

Hellenic Telecom Organization Stock Down 3.0%

The company has a 50-day simple moving average of $9.47 and a 200-day simple moving average of $9.27. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.75 and a current ratio of 0.78.

Hellenic Telecom Organization (OTCMKTS:HLTOY - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The utilities provider reported $0.18 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.18. The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates 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 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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