JPMorgan Chase & Co. Reiterates “Overweight” Rating for Hellenic Telecom Organization (OTCMKTS:HLTOY)

JPMorgan Chase & Co. reissued their overweight rating on shares of Hellenic Telecom Organization (OTCMKTS:HLTOY) in a research note published on Wednesday, The Fly reports.

Separately, ValuEngine cut shares of Hellenic Telecom Organization from a hold rating to a sell rating in a research report on Tuesday, July 28th.

Shares of HLTOY opened at $7.30 on Wednesday. Hellenic Telecom Organization has a 12-month low of $5.00 and a 12-month high of $8.09. The firm has a 50-day moving average price of $6.87 and a 200 day moving average price of $6.80.

Hellenic Telecom Organization (OTCMKTS:HLTOY) last announced its quarterly earnings data on Thursday, May 14th. The utilities provider reported $0.13 earnings per share (EPS) for the quarter. The firm had revenue of $1.04 billion during the quarter.

Hellenic Telecom Organization Company Profile

Hellenic Telecommunications Organization SA, together with its subsidiaries, provides telecommunications and related services to businesses and individuals primarily in Greece and Romania. It operates through OTE, COSMOTE Group, TELEKOM ROMANIA, and Other segments. The company offers fixed-line, Internet access, and ICT services; and international carrier and TV production services.

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