Hellenic Telecom Organization SA (OTCMKTS:HLTOY) Short Interest Update

Hellenic Telecom Organization SA (OTCMKTS:HLTOY) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 321 shares, a decline of 98.6% from the August 15th total of 23,738 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 11,308 shares, the short-interest ratio is presently 0.0 days.

Hellenic Telecom Organization Stock Performance

OTCMKTS HLTOY traded down $0.21 during trading on Friday, reaching $11.40. The company’s stock had a trading volume of 122 shares, compared to its average volume of 8,702. The business’s fifty day moving average price is $11.41 and its 200-day moving average price is $10.81. Hellenic Telecom Organization has a twelve month low of $8.96 and a twelve month high of $11.90. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.67 and a current ratio of 0.68. The firm has a market cap of $9.37 billion, a price-to-earnings ratio of 14.08 and a beta of 0.18.

Hellenic Telecom Organization (OTCMKTS:HLTOY) last announced its earnings results on Wednesday, July 29th. The utilities provider reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.02). The business had revenue of $994.90 million for the quarter, compared to analyst estimates of $996.34 million. Hellenic Telecom Organization had a return on equity of 30.19% and a net margin of 15.83%.

Analysts Set New Price Targets

Separately, New Street Research downgraded Hellenic Telecom Organization to a “neutral” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

Hellenic Telecom Organization Company Profile

Hellenic Telecommunications Organization SA, commonly known as OTE, is a Greece-based telecommunications and technology company. Through its COSMOTE brand, the company provides fixed-line and mobile communications, broadband internet, fiber-optic connectivity, and related digital services to consumers and businesses.

OTE also offers pay television and entertainment services, information and communications technology solutions, cloud and data-center services, cybersecurity, and other managed digital solutions.