Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) Shares Gap Down – Here’s What Happened

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $27.46, but opened at $25.31. Magyar Telekom Tavkozlesi Nyrt shares last traded at $25.31, with a volume of 402 shares traded.

Magyar Telekom Tavkozlesi Nyrt Stock Down 7.8%

The company has a current ratio of 1.23, a quick ratio of 1.13 and a debt-to-equity ratio of 0.15. The firm has a market cap of $4.87 billion, a price-to-earnings ratio of 8.91 and a beta of 0.42. The firm has a 50 day moving average price of $27.21 and a 200-day moving average price of $26.33.

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) last announced its quarterly earnings results on Wednesday, November 12th. The utilities provider reported $0.92 earnings per share for the quarter. The firm had revenue of $717.65 million for the quarter. Magyar Telekom Tavkozlesi Nyrt had a net margin of 19.42% and a return on equity of 22.00%.

Magyar Telekom Tavkozlesi Nyrt Company Profile

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.