Mobil’nye Telesistemy PAO (MBT) Reaches New 12-Month Low at $7.15

Mobil’nye Telesistemy PAO (NYSE:MBT)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $7.15 and last traded at $7.29, with a volume of 78924 shares trading hands. The stock had previously closed at $7.59.

MBT has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Mobil’nye Telesistemy PAO from a “sell” rating to a “hold” rating in a research note on Tuesday, September 18th. ValuEngine raised shares of Mobil’nye Telesistemy PAO from a “strong sell” rating to a “sell” rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $14.00.

The company has a debt-to-equity ratio of 7.00, a quick ratio of 0.92 and a current ratio of 0.99. The company has a market cap of $6.92 billion, a P/E ratio of 7.46, a price-to-earnings-growth ratio of 0.75 and a beta of 1.11.

Mobil’nye Telesistemy PAO (NYSE:MBT) last posted its quarterly earnings data on Tuesday, November 20th. The Wireless communications provider reported $0.31 EPS for the quarter. Mobil’nye Telesistemy PAO had a net margin of 1.66% and a return on equity of 52.39%. The company had revenue of $1.95 billion for the quarter. On average, equities analysts predict that Mobil’nye Telesistemy PAO will post 0.95 EPS for the current year.

Several large investors have recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its stake in Mobil’nye Telesistemy PAO by 39.2% during the second quarter. Commonwealth Equity Services LLC now owns 21,442 shares of the Wireless communications provider’s stock worth $189,000 after acquiring an additional 6,037 shares in the last quarter. Freestone Capital Holdings LLC boosted its stake in Mobil’nye Telesistemy PAO by 0.6% during the third quarter. Freestone Capital Holdings LLC now owns 1,045,109 shares of the Wireless communications provider’s stock worth $8,915,000 after acquiring an additional 6,353 shares in the last quarter. Todd Asset Management LLC boosted its stake in Mobil’nye Telesistemy PAO by 0.4% during the third quarter. Todd Asset Management LLC now owns 1,718,282 shares of the Wireless communications provider’s stock worth $14,657,000 after acquiring an additional 7,271 shares in the last quarter. KBC Group NV boosted its stake in Mobil’nye Telesistemy PAO by 3.1% during the second quarter. KBC Group NV now owns 266,044 shares of the Wireless communications provider’s stock worth $2,349,000 after acquiring an additional 8,023 shares in the last quarter. Finally, Pinebridge Investments L.P. boosted its stake in Mobil’nye Telesistemy PAO by 27.5% during the second quarter. Pinebridge Investments L.P. now owns 44,735 shares of the Wireless communications provider’s stock worth $395,000 after acquiring an additional 9,635 shares in the last quarter. 32.25% of the stock is currently owned by institutional investors.

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About Mobil’nye Telesistemy PAO (NYSE:MBT)

Public Joint-Stock Company Mobile TeleSystems provides telecommunication services in Russia, Ukraine, Turkmenistan, and Armenia. It operates through three segments: Russia Convergent, Moscow Fixed Line, and Ukraine. The company offers voice and data transmission; Internet access; pay TV; and various value added services, including big data, Internet of Things, cloud, financial, and e-commerce services through wireless and fixed lines, as well as sells equipment, accessories, and software.

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