Mobil’nye Telesistemy PAO (NYSE:MBT) shares traded up 6.1% on Wednesday . The company traded as high as $8.38 and last traded at $8.36, 6,906,684 shares were traded during trading. An increase of 142% from the average session volume of 2,855,468 shares. The stock had previously closed at $7.88.

A number of equities analysts recently weighed in on the stock. ValuEngine lowered shares of Mobil’nye Telesistemy PAO from a “hold” rating to a “sell” rating in a research report on Wednesday, July 24th. Zacks Investment Research lowered shares of Mobil’nye Telesistemy PAO from a “hold” rating to a “sell” rating in a research report on Wednesday, September 25th.

The stock has a market capitalization of $7.63 billion, a price-to-earnings ratio of 7.96, a price-to-earnings-growth ratio of 2.30 and a beta of 1.00. The business’s 50-day moving average is $8.11 and its two-hundred day moving average is $8.16. The company has a quick ratio of 0.56, a current ratio of 0.61 and a debt-to-equity ratio of 11.25.

Mobil’nye Telesistemy PAO (NYSE:MBT) last posted its quarterly earnings results on Tuesday, August 20th. The Wireless communications provider reported $0.22 earnings per share for the quarter. The firm had revenue of $1.94 billion for the quarter. Mobil’nye Telesistemy PAO had a net margin of 1.45% and a return on equity of 95.04%. As a group, analysts forecast that Mobil’nye Telesistemy PAO will post 0.95 EPS for the current fiscal year.

A number of large investors have recently bought and sold shares of MBT. Marshall Wace North America L.P. acquired a new position in Mobil’nye Telesistemy PAO in the 1st quarter valued at about $85,000. Diversified Trust Co acquired a new position in Mobil’nye Telesistemy PAO in the 1st quarter valued at about $125,000. LPL Financial LLC boosted its holdings in Mobil’nye Telesistemy PAO by 16.1% in the 2nd quarter. LPL Financial LLC now owns 15,974 shares of the Wireless communications provider’s stock valued at $149,000 after purchasing an additional 2,213 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Mobil’nye Telesistemy PAO by 19.0% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 16,900 shares of the Wireless communications provider’s stock valued at $157,000 after purchasing an additional 2,700 shares during the last quarter. Finally, Voloridge Investment Management LLC acquired a new position in Mobil’nye Telesistemy PAO in the 2nd quarter valued at about $206,000. Institutional investors own 31.65% of the company’s stock.

Mobil’nye Telesistemy PAO Company Profile (NYSE:MBT)

Public Joint-Stock Company Mobile TeleSystems provides telecommunication services in Russia, Ukraine, Turkmenistan, and Armenia. It operates through three segments: Russia Convergent, Moscow Fixed Line, and Ukraine. The company offers voice and data transmission; Internet access; pay TV; and various value added services, including big data, Internet of Things, cloud, financial, and e-commerce services through wireless and fixed lines, as well as sells equipment, accessories, and software.

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