Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) Reaches New 12-Month High – Still a Buy?

Shares of Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) hit a new 52-week high on Friday . The stock traded as high as $18.88 and last traded at $18.88, with a volume of 484 shares changing hands. The stock had previously closed at $18.23.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság Stock Performance

The firm has a 50-day moving average of $16.84 and a two-hundred day moving average of $15.55. The company has a quick ratio of 1.21, a current ratio of 1.31 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $3.63 billion, a PE ratio of 7.84 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.