Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) Reaches New 12-Month High – Should You Buy?

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $17.94 and last traded at $17.94, with a volume of 317 shares changing hands. The stock had previously closed at $17.37.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság Stock Up 3.3 %

The firm’s 50 day simple moving average is $16.06 and its 200 day simple moving average is $15.19. The company has a market cap of $3.45 billion, a price-to-earnings ratio of 8.23 and a beta of 0.67. The company has a quick ratio of 1.21, a current ratio of 1.31 and a debt-to-equity ratio of 0.18.

About Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság

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.