Telekom Austria (TKAGY) Rating Lowered to Hold at Zacks Investment Research

Zacks Investment Research cut shares of Telekom Austria (OTCMKTS:TKAGY) from a strong-buy rating to a hold rating in a report published on Wednesday, December 27th.

According to Zacks, “Telekom Austria is the principal provider of fixed, mobile, data and Internet services in Austria. The company’s fastest growing business segment is Internet, where Telekom Austria is one of the leaders with a significant market share. The company also owns Czech On-Line. (Company Press Release) “

Separately, ValuEngine lowered shares of Telekom Austria from a strong-buy rating to a buy rating in a research note on Friday, September 1st.

Telekom Austria (TKAGY) opened at $19.70 on Wednesday. The firm has a market cap of $6,520.00, a PE ratio of 12.39, a P/E/G ratio of 2.35 and a beta of 0.62. Telekom Austria has a 12 month low of $11.64 and a 12 month high of $20.44. The company has a quick ratio of 0.94, a current ratio of 1.01 and a debt-to-equity ratio of 0.86.

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Telekom Austria Company Profile

Telekom Austria AG is a telecommunications provider. The Company and its subsidiaries are engaged as full service telecommunications providers of long distance, local and wireless services, and corporate data communications services, as well as Internet services and television broadcasting. It also supplies telephones and technical equipment for telephone communications.

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