Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $26.60 and traded as low as $26.2925. Magyar Telekom Tavkozlesi Nyrt shares last traded at $26.2925, with a volume of 367 shares changing hands.

Magyar Telekom Tavkozlesi Nyrt Price Performance

The company’s fifty day moving average price is $26.75 and its two-hundred day moving average price is $26.60. The company has a quick ratio of 1.13, a current ratio of 1.23 and a debt-to-equity ratio of 0.15. The company has a market cap of $5.06 billion, a price-to-earnings ratio of 9.26 and a beta of 0.42.

Magyar Telekom Tavkozlesi Nyrt (OTCMKTS:MYTAY) last posted its quarterly earnings data on Wednesday, November 12th. The utilities provider reported $0.92 EPS for the quarter. The business had revenue of $717.65 million for the quarter. Magyar Telekom Tavkozlesi Nyrt had a net margin of 19.42% and a return on equity of 22.00%.

About Magyar Telekom Tavkozlesi Nyrt

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.