CTT Correios de Portugal (OTCMKTS:CTTPY – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $0.30 earnings per share for the quarter, Zacks reports. The firm had revenue of $439.29 million for the quarter. CTT Correios de Portugal had a net margin of 4.13% and a return on equity of 16.54%.
CTT Correios de Portugal Price Performance
Shares of CTT Correios de Portugal stock remained flat at $15.90 during trading on Friday. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 19.39 and a beta of -0.05. The company’s 50-day simple moving average is $16.16 and its two-hundred day simple moving average is $16.21. CTT Correios de Portugal has a 12-month low of $15.90 and a 12-month high of $16.24. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.59 and a quick ratio of 0.59.
CTT Correios de Portugal Company Profile
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.
Further Reading
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