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

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) released its quarterly earnings results 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 Price Performance

Shares of Magyar Telekom Tavkozlesi Nyrt stock remained flat at $29.53 during mid-day trading on Wednesday. The company has a market capitalization of $5.69 billion and a P/E 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 company has a debt-to-equity ratio of 0.10, a current ratio of 1.09 and a quick ratio of 0.98. The company has a fifty day simple moving average of $29.53 and a 200-day simple moving average of $29.53.

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.