News coverage about Mobile TeleSystems OJSC (NYSE:MBT) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mobile TeleSystems OJSC earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the Wireless communications provider an impact score of 46.5785351797455 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Mobile TeleSystems OJSC (NYSE MBT) traded up 0.37% during trading on Tuesday, reaching $10.88. 2,768,972 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $9.11 and its 200-day moving average price is $9.53. The stock has a market cap of $10.64 billion, a P/E ratio of 6.40 and a beta of 0.91. Mobile TeleSystems OJSC has a one year low of $7.09 and a one year high of $11.59.
Mobile TeleSystems OJSC (NYSE:MBT) last issued its earnings results on Monday, August 28th. The Wireless communications provider reported $0.26 EPS for the quarter, topping the consensus estimate of $0.22 by $0.04. The company had revenue of $1.87 billion for the quarter. Mobile TeleSystems OJSC had a net margin of 12.42% and a return on equity of 40.25%. On average, equities analysts anticipate that Mobile TeleSystems OJSC will post $0.99 earnings per share for the current fiscal year.
MBT has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded shares of Mobile TeleSystems OJSC from a “buy” rating to a “hold” rating in a report on Saturday, June 24th. ValuEngine raised shares of Mobile TeleSystems OJSC from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. BidaskClub raised shares of Mobile TeleSystems OJSC from a “hold” rating to a “buy” rating in a report on Tuesday, August 22nd. J P Morgan Chase & Co raised shares of Mobile TeleSystems OJSC from a “neutral” rating to an “overweight” rating and set a $10.50 price target on the stock in a report on Wednesday, July 26th. Finally, Deutsche Bank AG initiated coverage on shares of Mobile TeleSystems OJSC in a report on Tuesday. They set a “buy” rating and a $12.50 price target on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $10.66.
Mobile TeleSystems OJSC Company Profile
Mobile TeleSystems Public Joint Stock Company, formerly Mobile TeleSystems Open Joint Stock Company, is a provider of telecommunications services. The Company provides mobile and fixed line voice and data telecommunications services, including data transfer, broadband, pay-television (pay-TV) and various value-added services, as well as selling equipment and accessories.
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