Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) Hits New 12-Month High - Here's Why

Key Points

• Magyar Telekom Tavkozlesi Nyrt shares reached a new 52-week high at $28.54, reflecting strong trading activity with a volume of 50 shares.
• The company reported a net margin of 19.42% and a return on equity of 22.00% in its latest earnings, with $0.87 EPS for the quarter.
• Magyar Telekom provides a range of telecommunication services across several countries, including Hungary, Bulgaria, Romania, and the Republic of North Macedonia.

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $28.54 and last traded at $28.54, with a volume of 50 shares trading hands. The stock had previously closed at $28.32.

Magyar Telekom Tavkozlesi Nyrt Stock Performance

The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.44 and a current ratio of 1.55. The stock's fifty day moving average is $26.35 and its two-hundred day moving average is $23.86.

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The utilities provider reported $0.87 EPS for the quarter. The firm had revenue of $676.82 million during the quarter. Magyar Telekom Tavkozlesi Nyrt had a net margin of 19.42% and a return on equity of 22.00%.

About Magyar Telekom Tavkozlesi Nyrt

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság provides fixed-line and mobile telecommunication services for residential and business customers in Hungary, Bulgaria, Romania, and the Republic of North Macedonia. It operates through MT-Hungary and North Macedonia segments. The company offers TV distribution, information communication, and system integration services; mobile telecommunication services, such as prepaid and postpaid plans, TV, broadband, and phone services; and sells telecommunications network and equipment.