CTT Correios de Portugal (OTCMKTS:CTTPY) Posts Quarterly Earnings Results

CTT Correios de Portugal (OTCMKTS:CTTPY) issued its earnings results on Wednesday. The company reported $0.30 earnings per share (EPS) for the quarter, Zacks reports. CTT Correios de Portugal had a return on equity of 16.54% and a net margin of 4.13%.The company had revenue of $439.29 million during the quarter.

CTT Correios de Portugal Stock Performance

Shares of CTTPY stock remained flat at $15.90 during mid-day trading on Friday. CTT Correios de Portugal has a 1 year low of $15.90 and a 1 year high of $16.24. The stock has a market cap of $1.06 billion, a P/E ratio of 19.39 and a beta of -0.05. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.45. The stock has a 50-day simple moving average of $16.16 and a 200-day simple moving average of $16.21.

About CTT Correios de Portugal

CTT – Correios de Portugal, SA is the national postal operator of Portugal, providing a comprehensive range of mail, parcel and logistics services. Headquartered in Lisbon, the company traces its origins to the Royal House of Manuel I in 1520, making it one of the oldest postal institutions in Europe. In its modern form as a publicly traded Sociedade Anónima, CTT has expanded beyond traditional mail delivery to embrace express courier, freight and supply-chain solutions.

In addition to its core postal operations, CTT offers financial and insurance services through its Banco CTT subsidiary.