Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) Reaches New 52-Week High – Here’s What Happened

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) reached a new 52-week high during trading on Wednesday . The company traded as high as $18.64 and last traded at $18.64, with a volume of 848 shares changing hands. The stock had previously closed at $18.02.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság Stock Down 1.2 %

The company has a debt-to-equity ratio of 0.18, a current ratio of 1.31 and a quick ratio of 1.21. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of 8.25 and a beta of 0.67. The firm has a 50 day simple moving average of $16.37 and a two-hundred day simple moving average of $15.33.

About Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság provides fixed-line and mobile telecommunication services for residential and business customers in Hungary, Bulgaria, Romania, and the Republic of North Macedonia. It operates through MT-Hungary and North Macedonia segments. The company offers TV distribution, information communication, and system integration services; mobile telecommunication services, such as prepaid and postpaid plans, TV, broadband, and phone services; and sells telecommunications network and equipment.