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

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) released its earnings results on Wednesday. The utilities provider reported $0.71 EPS for the quarter, Zacks reports. Magyar Telekom Tavkozlesi Nyrt had a return on equity of 22.59% and a net margin of 20.65%.The business had revenue of $777.35 million for the quarter.

Magyar Telekom Tavkozlesi Nyrt Stock Performance

Shares of MYTAY stock remained flat at $29.53 on Thursday. The company has a 50 day moving average of $28.62 and a two-hundred day moving average of $27.75. Magyar Telekom Tavkozlesi Nyrt has a twelve month low of $17.08 and a twelve month high of $29.60. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.36 and a current ratio of 1.45.

Analyst Ratings Changes

Separately, Oddo Bhf lowered Magyar Telekom Tavkozlesi Nyrt to a “neutral” rating in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold”.

About Magyar Telekom Tavkozlesi Nyrt

Magyar Telekom Távközlési Nyrt. is Hungary’s leading integrated telecommunications service provider and a member of the Deutsche Telekom Group. The company offers a full suite of fixed-line and mobile voice communication services alongside broadband internet access and digital television solutions. Through its extensive network infrastructure, Magyar Telekom delivers reliable connectivity to both residential and corporate customers across Hungary.

In the mobile segment, Magyar Telekom provides services under the T-Mobile brand, covering voice, data and messaging services supported by 4G LTE and an expanding 5G network.