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

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY)’s stock price gapped down prior to trading 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 trading hands.

Magyar Telekom Tavkozlesi Nyrt Stock Up 2.9%

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 firm has a 50 day moving average of $26.69 and a two-hundred day moving average of $26.74. The firm has a market capitalization of $5.54 billion, a price-to-earnings ratio of 9.33 and a beta of 0.30.

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) last posted its earnings results on Wednesday, November 12th. The utilities provider reported $0.92 EPS for the quarter. Magyar Telekom Tavkozlesi Nyrt had a net margin of 20.65% and a return on equity of 22.59%. The firm 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.