Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) Hits New 52-Week High – Here’s Why

Shares of Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) hit a new 52-week high on Thursday . The stock traded as high as $16.64 and last traded at $16.58, with a volume of 523 shares changing hands. The stock had previously closed at $16.05.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság Price Performance

The company has a debt-to-equity ratio of 0.19, a current ratio of 1.04 and a quick ratio of 0.94. The stock has a fifty day simple moving average of $14.91 and a 200-day simple moving average of $14.63. The company has a market capitalization of $3.19 billion, a price-to-earnings ratio of 7.36 and a beta of 0.67.

About Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság provides fixed-line and mobile telecommunication services for residential and business customers in Hungary, Bulgaria, Romania, and the Republic of North Macedonia. It operates through MT-Hungary and North Macedonia segments. The company offers TV distribution, information communication, and system integration services; mobile telecommunication services, such as prepaid and postpaid plans, TV, broadband, and phone services; and sells telecommunications network and equipment.