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Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) Reaches New 52-Week High - Here's Why

Magyar Telekom Tavkozlesi Nyrt logo with Utilities background

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.
  • Need better tools to track Magyar Telekom Tavkozlesi Nyrt? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

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

Magyar Telekom Tavkozlesi Nyrt Stock Performance

The stock has a market cap of $5.45 billion, a price-to-earnings ratio of 9.96 and a beta of 0.46. The stock's fifty day moving average is $25.98 and its 200-day moving average is $23.55. The company has a quick ratio of 1.44, a current ratio of 1.55 and a debt-to-equity ratio of 0.14.

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The utilities provider reported $0.87 earnings per share (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

(Get Free Report)

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.

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