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

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

Magyar Telekom Tavkozlesi Nyrt Stock Performance

Shares of MYTAY remained flat at $29.53 during mid-day trading on Wednesday. The stock has a market capitalization of $5.69 billion and a price-to-earnings ratio of 10.25. Magyar Telekom Tavkozlesi Nyrt has a 1 year low of $17.08 and a 1 year high of $29.60. The firm’s 50 day simple moving average is $29.53 and its 200 day simple moving average is $29.53. The company has a quick ratio of 0.98, a current ratio of 1.09 and a debt-to-equity ratio of 0.10.

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.