Rostelecom OJSC (OTCMKTS:ROSYY) Reaches New 1-Year High at $7.55

Rostelecom OJSC (OTCMKTS:ROSYY) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $7.55 and last traded at $7.30, with a volume of 12413 shares changing hands. The stock had previously closed at $7.22.

Separately, ValuEngine cut Rostelecom OJSC from a “hold” rating to a “sell” rating in a report on Friday, February 22nd.

The firm has a market cap of $3.13 billion, a PE ratio of 10.51 and a beta of 0.86.

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About Rostelecom OJSC (OTCMKTS:ROSYY)

Public Joint Stock Company Rostelecom provides telecommunications services in Russia and Europe. The company offers communication services, such as local, intra-zone, long-distance domestic and international fixed-line telephone, and mobile services, as well as data transmission, Internet, Pay TV, VPN, data center, and radio communication services; and rents communication channels.

Further Reading: What is intrinsic value?

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