Deutsche Telekom (OTCMKTS:DTEGY) Reaches New 12-Month High – What’s Next?

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

Analyst Upgrades and Downgrades

A number of brokerages recently commented on DTEGY. UBS Group cut Deutsche Telekom from a “buy” rating to a “neutral” rating in a research report on Tuesday, September 10th. Citigroup upgraded Deutsche Telekom to a “strong-buy” rating in a research report on Thursday, October 17th. Finally, Berenberg Bank upgraded Deutsche Telekom to a “strong-buy” rating in a research report on Thursday, September 19th.

Deutsche Telekom Stock Performance

The company has a debt-to-equity ratio of 1.06, a current ratio of 0.99 and a quick ratio of 0.93. The stock has a 50-day simple moving average of $29.58 and a 200-day simple moving average of $26.69. The stock has a market cap of $152.39 billion, a P/E ratio of 17.51, a PEG ratio of 1.56 and a beta of 0.70.

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. Deutsche Telekom had a return on equity of 7.51% and a net margin of 4.48%. The firm had revenue of $30.56 billion for the quarter. Research analysts forecast that Deutsche Telekom AG will post 1.79 earnings per share 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.