Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 163,100 shares, an increase of 167.8% from the December 15th total of 60,900 shares. Based on an average daily volume of 324,800 shares, the days-to-cover ratio is currently 0.5 days.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on DTEGY. UBS Group raised shares of Deutsche Telekom from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th. Citigroup raised Deutsche Telekom to a "strong-buy" rating in a report on Thursday, October 17th. Berenberg Bank raised Deutsche Telekom to a "strong-buy" rating in a research report on Thursday, September 19th. Finally, Barclays raised Deutsche Telekom to a "strong-buy" rating in a report on Monday, November 18th.
Read Our Latest Stock Analysis on Deutsche Telekom
Deutsche Telekom Stock Performance
Deutsche Telekom stock traded up $0.60 during mid-day trading on Tuesday, reaching $31.09. 283,744 shares of the company were exchanged, compared to its average volume of 529,284. The firm has a market cap of $155.03 billion, a PE ratio of 17.95, a price-to-earnings-growth ratio of 1.32 and a beta of 0.73. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.08 and a current ratio of 1.15. The firm's 50-day simple moving average is $30.69 and its two-hundred day simple moving average is $29.05. Deutsche Telekom has a twelve month low of $22.03 and a twelve month high of $32.47.
Deutsche Telekom Company Profile
(
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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.
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