Deutsche Telekom AG (OTCMKTS:DTEGY – Get Free Report) was the recipient of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 65,000 shares, a decline of 39.3% from the October 31st total of 107,100 shares. Based on an average daily volume of 406,100 shares, the days-to-cover ratio is currently 0.2 days.
Deutsche Telekom Price Performance
Shares of DTEGY stock traded up $0.45 during trading hours on Friday, hitting $32.06. 69,958 shares of the company’s stock were exchanged, compared to its average volume of 305,795. The firm has a market cap of $159.87 billion, a P/E ratio of 18.17, a P/E/G ratio of 1.57 and a beta of 0.70. The firm has a 50 day moving average of $30.14 and a two-hundred day moving average of $27.54. The company has a quick ratio of 0.93, a current ratio of 0.99 and a debt-to-equity ratio of 1.06. Deutsche Telekom has a fifty-two week low of $22.03 and a fifty-two week high of $32.06.
Analyst Upgrades and Downgrades
Several brokerages recently commented on DTEGY. Citigroup raised Deutsche Telekom to a “strong-buy” rating in a report on Thursday, October 17th. UBS Group cut Deutsche Telekom from a “buy” rating to a “neutral” rating in a research note on Tuesday, September 10th. Berenberg Bank raised Deutsche Telekom to a “strong-buy” rating in a research report on Thursday, September 19th. Finally, Barclays upgraded Deutsche Telekom to a “strong-buy” rating in a report on Monday, November 18th.
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.
Recommended Stories
- Five stocks we like better than Deutsche Telekom
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- ServiceNow: Will the High-Flyer Finally Split in 2024?
- Differences Between Momentum Investing and Long Term Investing
- MarketBeat Week in Review – 11/25 – 11/29
- What is the S&P/TSX Index?
- These 3 Stocks Are Heavy Hitters in Alternative Asset Management
Receive News & Ratings for Deutsche Telekom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Telekom and related companies with MarketBeat.com's FREE daily email newsletter.
