Hellenic Telecom Organization (OTCMKTS:HLTOY) Shares Gap Up – What’s Next?

Posted by Donald Scott on Jun 10th, 2026

Hellenic Telecom Organization SA (OTCMKTS:HLTOY – Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $10.46, but opened at $10.8050. Hellenic Telecom Organization shares last traded at $10.8730, with a volume of 437 shares changing hands.

Wall Street Analyst Weigh In

Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Hellenic Telecom Organization in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Hellenic Telecom Organization currently has a consensus rating of “Buy”.

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Hellenic Telecom Organization Trading Up 3.3%

The firm has a market capitalization of $8.88 billion, a PE ratio of 15.23 and a beta of 0.21. The firm’s fifty day moving average is $10.62 and its two-hundred day moving average is $10.14. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.73 and a quick ratio of 0.71.

Hellenic Telecom Organization (OTCMKTS:HLTOY – Get Free Report) last released its quarterly earnings results on Friday, May 8th. The utilities provider reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.01). The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $982.60 million. Hellenic Telecom Organization had a return on equity of 29.97% and a net margin of 13.81%.

About Hellenic Telecom Organization

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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.