Hellenic Telecom Organization (OTCMKTS:HLTOY) Shares Gap Down – Time to Sell?

Hellenic Telecom Organization SA (OTCMKTS:HLTOY)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $9.72, but opened at $9.41. Hellenic Telecom Organization shares last traded at $10.04, with a volume of 1,037 shares trading hands.

Hellenic Telecom Organization Stock Down 1.0%

The company’s fifty day moving average is $9.55 and its 200-day moving average is $9.49. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.75 and a current ratio of 0.78. The company has a market capitalization of $8.15 billion, a PE ratio of 15.76 and a beta of 0.30.

Hellenic Telecom Organization (OTCMKTS:HLTOY) last released its earnings results on Thursday, November 13th. The utilities provider reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $910.48 million. Hellenic Telecom Organization had a return on equity of 26.09% and a net margin of 12.39%.

About Hellenic Telecom Organization

Hellenic Telecommunications Organization SA provides telecommunications and related services to businesses and individuals primarily in Greece and Romania. It operates through OTE, COSMOTE Group, and Telekom Romania Mobile segments. The company offers fixed-line, Internet access, ICT, and TV production services; and international carrier services.