Hellenic Telecom Organization SA (OTCMKTS:HLTOY) Short Interest Update

Hellenic Telecom Organization SA (OTCMKTS:HLTOY) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 321 shares, a decline of 98.6% from the August 15th total of 23,738 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 11,308 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, New Street Research lowered Hellenic Telecom Organization to a “neutral” rating in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Hellenic Telecom Organization Trading Up 0.1%

Shares of Hellenic Telecom Organization stock opened at $11.52 on Friday. The company has a current ratio of 0.68, a quick ratio of 0.67 and a debt-to-equity ratio of 0.18. Hellenic Telecom Organization has a twelve month low of $8.96 and a twelve month high of $11.90. The firm has a market capitalization of $9.46 billion, a PE ratio of 14.22 and a beta of 0.18. The firm’s 50-day moving average price is $11.43 and its 200 day moving average price is $10.82.

Hellenic Telecom Organization (OTCMKTS:HLTOY) last posted its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $0.21 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.02). The firm had revenue of $994.90 million for the quarter, compared to analysts’ expectations of $996.34 million. Hellenic Telecom Organization had a return on equity of 30.19% and a net margin of 15.83%.

About Hellenic Telecom Organization

Hellenic Telecommunications Organization SA, commonly known as OTE, is a Greece-based telecommunications and technology company. Through its COSMOTE brand, the company provides fixed-line and mobile communications, broadband internet, fiber-optic connectivity, and related digital services to consumers and businesses.

OTE also offers pay television and entertainment services, information and communications technology solutions, cloud and data-center services, cybersecurity, and other managed digital solutions.