Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY) Reaches New 52-Week High – Should You Buy?

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (OTCMKTS:MYTAY)’s stock price 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 traded. The stock had previously closed at $18.02.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság Stock Performance

The company has a quick ratio of 1.21, a current ratio of 1.31 and a debt-to-equity ratio of 0.18. The stock has a market cap of $3.59 billion, a P/E ratio of 7.73 and a beta of 0.67. The firm’s 50-day moving average is $16.25 and its two-hundred day moving average is $15.29.

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.