Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) Sees Strong Trading Volume – Should You Buy?

Shares of Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) saw unusually-strong trading volume on Monday . 2,412 shares changed hands during mid-day trading, an increase of 107% from the previous session’s volume of 1,168 shares.The stock last traded at $27.36 and had previously closed at $27.36.

Magyar Telekom Tavkozlesi Nyrt Trading Down 0.2%

The company has a market capitalization of $5.26 billion, a P/E ratio of 8.86 and a beta of 0.33. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.45 and a quick ratio of 1.36. The business’s 50-day moving average price is $26.79 and its two-hundred day moving average price is $26.92.

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

About Magyar Telekom Tavkozlesi Nyrt

Magyar Telekom Távközlési Nyrt. is Hungary’s leading integrated telecommunications service provider and a member of the Deutsche Telekom Group. The company offers a full suite of fixed-line and mobile voice communication services alongside broadband internet access and digital television solutions. Through its extensive network infrastructure, Magyar Telekom delivers reliable connectivity to both residential and corporate customers across Hungary.

In the mobile segment, Magyar Telekom provides services under the T-Mobile brand, covering voice, data and messaging services supported by 4G LTE and an expanding 5G network.