Hellenic Telecom Organization (OTCMKTS:HLTOY) Announces Quarterly Earnings Results

Hellenic Telecom Organization (OTCMKTS:HLTOY) posted its earnings results on Friday. The utilities provider reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02, Zacks reports. Hellenic Telecom Organization had a net margin of 15.83% and a return on equity of 30.19%.

Hellenic Telecom Organization Trading Up 1.7%

Shares of HLTOY stock traded up $0.18 on Friday, hitting $10.54. The company had a trading volume of 12,588 shares, compared to its average volume of 8,090. Hellenic Telecom Organization has a twelve month low of $9.30 and a twelve month high of $11.90. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.67 and a current ratio of 0.68. The firm has a market cap of $8.66 billion, a P/E ratio of 13.01 and a beta of 0.18. The stock’s 50-day moving average is $11.12 and its two-hundred day moving average is $10.69.

Analyst Ratings Changes

A number of research firms have weighed in on HLTOY. New Street Research cut shares of Hellenic Telecom Organization to a “neutral” rating in a research note on Wednesday, July 29th. Barclays lowered Hellenic Telecom Organization to an “underweight” rating in a research report on Tuesday, October 20th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Hellenic Telecom Organization in a research report on Wednesday, September 16th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Hellenic Telecom Organization Company Profile

Hellenic Telecommunications Organization SA (OTE) is a Greece-based telecommunications provider that operates primarily under the COSMOTE brand. The company offers fixed-line and mobile voice services, broadband and fiber-optic internet access, pay television, and related digital communications services to residential and business customers.

OTE also provides information and communications technology services for corporate and public-sector clients, including connectivity, data services, cloud solutions, cybersecurity, and other managed technology services.