Deutsche Telekom (ETR:DTE) Sets New 12-Month High – What’s Next?

Deutsche Telekom AG (ETR:DTE) hit a new 52-week high during trading on Tuesday . The company traded as high as €28.29 ($30.75) and last traded at €28.34 ($30.80), with a volume of 5102283 shares trading hands. The stock had previously closed at €28.25 ($30.71).

Deutsche Telekom Price Performance

The company has a current ratio of 0.99, a quick ratio of 0.57 and a debt-to-equity ratio of 158.99. The business has a 50-day moving average price of €26.49 and a 200 day moving average price of €24.14. The stock has a market cap of $141.13 billion, a PE ratio of 28.25, a PEG ratio of 0.78 and a beta of 0.62.

About Deutsche Telekom

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.