Hellenic Telecom Organization SA (OTCMKTS:HLTOY) Short Interest Update

Hellenic Telecom Organization SA (OTCMKTS:HLTOY) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 321 shares, a decrease of 98.6% from the August 15th total of 23,738 shares. Based on an average daily trading volume, of 11,308 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, New Street Research downgraded Hellenic Telecom Organization to a “neutral” rating in a research note on Wednesday, July 29th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Hellenic Telecom Organization has an average rating of “Moderate Buy”.

Hellenic Telecom Organization Price Performance

OTCMKTS:HLTOY traded down $0.10 during trading hours on Thursday, reaching $11.51. The stock had a trading volume of 1,773 shares, compared to its average volume of 4,643. The stock has a market capitalization of $9.45 billion, a PE ratio of 14.21 and a beta of 0.18. Hellenic Telecom Organization has a 52 week low of $8.96 and a 52 week high of $11.90. The company has a 50 day moving average price of $11.41 and a two-hundred day moving average price of $10.81. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.67 and a current ratio of 0.68.

Hellenic Telecom Organization (OTCMKTS:HLTOY) last posted its earnings results on Wednesday, July 29th. The utilities provider reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.02). Hellenic Telecom Organization had a net margin of 15.83% and a return on equity of 30.19%. The firm had revenue of $994.90 million for the quarter, compared to the consensus estimate of $996.34 million.

Hellenic Telecom Organization Company Profile

Hellenic Telecommunications Organization SA, commonly known as OTE, is a Greece-based telecommunications and technology company. Through its COSMOTE brand, the company provides fixed-line and mobile communications, broadband internet, fiber-optic connectivity, and related digital services to consumers and businesses.

OTE also offers pay television and entertainment services, information and communications technology solutions, cloud and data-center services, cybersecurity, and other managed digital solutions.