Hellenic Telecom Organization (OTCMKTS:HLTOY) Posts Earnings Results

Hellenic Telecom Organization (OTCMKTS:HLTOY) posted its quarterly earnings data on Friday. The utilities provider reported $0.27 EPS for the quarter, beating the consensus estimate of $0.25 by $0.02, Zacks reports. Hellenic Telecom Organization had a return on equity of 30.19% and a net margin of 15.83%. The firm had revenue of $985.36 million during the quarter, compared to the consensus estimate of $971.11 million.

Hellenic Telecom Organization Stock Performance

OTCMKTS HLTOY opened at $10.53 on Friday. The company has a current ratio of 0.68, a quick ratio of 0.67 and a debt-to-equity ratio of 0.18. The stock has a market cap of $8.65 billion, a PE ratio of 11.39 and a beta of 0.18. The stock has a fifty day simple moving average of $11.09 and a 200-day simple moving average of $10.69. Hellenic Telecom Organization has a twelve month low of $9.30 and a twelve month high of $11.90.

Wall Street Analyst Weigh In

HLTOY has been the topic of a number of recent research reports. Morgan Stanley restated an “overweight” rating on shares of Hellenic Telecom Organization in a research report on Wednesday, September 16th. New Street Research downgraded shares of Hellenic Telecom Organization to a “neutral” rating in a report on Wednesday, July 29th. Finally, Barclays lowered shares of Hellenic Telecom Organization to an “underweight” rating in a research note on Tuesday, October 20th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company 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.