Deutsche Telekom (OTCMKTS:DTEGY) Downgraded by UBS Group

UBS Group downgraded shares of Deutsche Telekom (OTCMKTS:DTEGY) from a buy rating to a neutral rating in a research note issued to investors on Tuesday, Marketbeat reports.

Deutsche Telekom Stock Performance

OTCMKTS:DTEGY opened at $29.37 on Tuesday. The company has a current ratio of 0.99, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. Deutsche Telekom has a 12-month low of $20.48 and a 12-month high of $29.40. The stock has a 50-day moving average price of $27.14 and a 200 day moving average price of $25.01.

Deutsche Telekom (OTCMKTS:DTEGY) last released its earnings results on Thursday, August 8th. The utilities provider reported $0.54 earnings per share (EPS) for the quarter. The firm had revenue of $30.56 billion during the quarter. Deutsche Telekom had a return on equity of 7.51% and a net margin of 4.48%. On average, sell-side analysts expect that Deutsche Telekom will post 1.96 earnings per share for the current fiscal year.

Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through Germany, United States, Europe, Systems Solutions, Group Development, and Group Headquarters and Group Services segments. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.