Deutsche Telekom (OTCMKTS:DTEGY) Hits New 1-Year High – Should You Buy?

Deutsche Telekom AG (OTCMKTS:DTEGY)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $30.76 and last traded at $30.73, with a volume of 105950 shares. The stock had previously closed at $30.46.

Analyst Ratings Changes

DTEGY has been the subject of a number of analyst reports. UBS Group downgraded shares of Deutsche Telekom from a “buy” rating to a “neutral” rating in a research note on Tuesday, September 10th. Citigroup raised Deutsche Telekom to a “strong-buy” rating in a report on Thursday, October 17th. Finally, Berenberg Bank upgraded shares of Deutsche Telekom to a “strong-buy” rating in a research report on Thursday, September 19th.

Deutsche Telekom Stock Performance

The stock has a fifty day simple moving average of $29.49 and a two-hundred day simple moving average of $26.61. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.99 and a quick ratio of 0.93.

Deutsche Telekom (OTCMKTS:DTEGY) last posted its quarterly earnings results on Thursday, August 8th. The utilities provider reported $0.54 earnings per share (EPS) for the quarter. Deutsche Telekom had a net margin of 4.48% and a return on equity of 7.51%. The company had revenue of $30.56 billion during the quarter. Analysts expect that Deutsche Telekom AG will post 1.79 EPS for the current 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.