Deutsche Telekom (OTCMKTS:DTEGY) Sets New 52-Week High – What’s Next?

Deutsche Telekom AG (OTCMKTS:DTEGY)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $30.70 and last traded at $30.60, with a volume of 287604 shares. The stock had previously closed at $30.48.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. UBS Group cut shares of Deutsche Telekom from a “buy” rating to a “neutral” rating in a research note on Tuesday, September 10th. Berenberg Bank raised shares of Deutsche Telekom to a “strong-buy” rating in a research note on Thursday, September 19th.

Deutsche Telekom Stock Up 0.6 %

The company’s fifty day moving average price is $28.84 and its 200-day moving average price is $25.99. The stock has a market cap of $152.93 billion, a P/E ratio of 17.52, a price-to-earnings-growth ratio of 1.25 and a beta of 0.71. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.99.

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 net margin of 4.48% and a return on equity of 7.51%. Equities analysts forecast that Deutsche Telekom AG will post 1.96 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.