Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) Releases Earnings Results

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) released its quarterly earnings data on Wednesday. The utilities provider reported $0.21 earnings per share for the quarter, Zacks reports. Magyar Telekom Tavkozlesi Nyrt had a return on equity of 23.35% and a net margin of 21.75%.

Magyar Telekom Tavkozlesi Nyrt Stock Performance

Shares of MYTAY remained flat at $29.53 during trading hours on Wednesday. The stock’s 50 day simple moving average is $29.53 and its 200-day simple moving average is $29.53. Magyar Telekom Tavkozlesi Nyrt has a twelve month low of $17.08 and a twelve month high of $29.60. The company has a market capitalization of $5.69 billion and a P/E ratio of 10.25. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.98 and a current ratio of 1.09.

Magyar Telekom Tavkozlesi Nyrt Company Profile

Magyar Telekom Tavkozlesi Nyrt. is a telecommunications provider based in Hungary. It offers mobile and fixed-line voice services, broadband internet, television and related digital services to residential and business customers, as well as information and communications technology solutions for organizations. The company serves customers in Hungary and, through its subsidiary Makedonski Telekom, in North Macedonia. Its services are marketed primarily under the Telekom brand, and Deutsche Telekom is its majority owner.