Mobil’nye Telesistemy PAO Target of Unusually High Options Trading (MBT)

Mobil’nye Telesistemy PAO (NYSE:MBT) was the recipient of some unusual options trading activity on Monday. Investors acquired 2,736 call options on the company. This is an increase of approximately 3,045% compared to the typical daily volume of 87 call options.

A number of equities research analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Mobil’nye Telesistemy PAO from a “hold” rating to a “sell” rating in a research note on Wednesday, October 24th. ValuEngine raised shares of Mobil’nye Telesistemy PAO from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 27th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $12.50.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Stevens Capital Management LP purchased a new position in Mobil’nye Telesistemy PAO during the 2nd quarter valued at about $117,000. Baillie Gifford & Co. purchased a new position in Mobil’nye Telesistemy PAO during the 3rd quarter valued at about $116,000. HPM Partners LLC purchased a new position in Mobil’nye Telesistemy PAO during the 3rd quarter valued at about $117,000. FDx Advisors Inc. purchased a new position in Mobil’nye Telesistemy PAO during the 3rd quarter valued at about $123,000. Finally, Paloma Partners Management Co purchased a new position in Mobil’nye Telesistemy PAO during the 3rd quarter valued at about $165,000. 34.11% of the stock is owned by institutional investors.

Shares of NYSE MBT opened at $8.09 on Tuesday. Mobil’nye Telesistemy PAO has a 1 year low of $7.25 and a 1 year high of $12.80. The stock has a market cap of $7.77 billion, a P/E ratio of 8.07, a price-to-earnings-growth ratio of 0.83 and a beta of 1.09. The company has a debt-to-equity ratio of 3.48, a current ratio of 0.86 and a quick ratio of 0.78.

Mobil’nye Telesistemy PAO (NYSE:MBT) last issued its quarterly earnings results on Tuesday, August 21st. The Wireless communications provider reported $0.24 earnings per share (EPS) for the quarter. Mobil’nye Telesistemy PAO had a net margin of 13.43% and a return on equity of 46.93%. The company had revenue of $1.85 billion during the quarter. As a group, research analysts forecast that Mobil’nye Telesistemy PAO will post 0.96 earnings per share for the current fiscal year.

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About Mobil’nye Telesistemy PAO

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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