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

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) shares gapped down before the market opened on Thursday . The stock had previously closed at $27.95, but opened at $27.09. Magyar Telekom Tavkozlesi Nyrt shares last traded at $27.09, with a volume of 255 shares traded.

Magyar Telekom Tavkozlesi Nyrt Price Performance

The company has a quick ratio of 1.36, a current ratio of 1.45 and a debt-to-equity ratio of 0.14. The company’s fifty day moving average price is $26.69 and its 200 day moving average price is $26.74. The company has a market capitalization of $5.54 billion, a P/E ratio of 9.33 and a beta of 0.30.

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) last issued its quarterly earnings results on Wednesday, November 12th. The utilities provider reported $0.92 earnings per share (EPS) for the quarter. Magyar Telekom Tavkozlesi Nyrt had a return on equity of 22.59% and a net margin of 20.65%.The business had revenue of $717.65 million during the quarter.

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.