Hellenic Telecom Organization (HLTOY) Projected to Post Earnings on Thursday

Hellenic Telecom Organization (OTCMKTS:HLTOY) is expected to be issuing its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.1231 per share and revenue of $853.3330 million for the quarter.

Hellenic Telecom Organization Trading Up 3.7%

OTCMKTS:HLTOY opened at $10.27 on Wednesday. Hellenic Telecom Organization has a 12-month low of $7.39 and a 12-month high of $10.27. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.17. The stock’s 50 day simple moving average is $9.85 and its 200-day simple moving average is $9.71. The firm has a market cap of $8.43 billion, a P/E ratio of 16.29 and a beta of 0.12.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley reissued an “overweight” rating on shares of Hellenic Telecom Organization in a research note on Friday, January 16th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Hellenic Telecom Organization Company Profile

Hellenic Telecommunications Organization SA (OTCMKTS: HLTOY), also known as OTE Group, is the primary provider of telecommunications and digital services in Greece. The company offers a comprehensive suite of solutions that includes fixed-line telephony, mobile communications under the COSMOTE brand, broadband internet access via fiber and ADSL networks, and pay-TV services through its COSMOTE TV platform. In addition, OTE Group delivers enterprise-focused ICT offerings such as cloud computing, data center operations, cybersecurity, managed network services and system integration.

Established in 1949 as Greece’s state telecommunications monopoly, OTE Group began a gradual privatization process in the late 1990s, which culminated in a majority stake acquisition by Deutsche Telekom.