Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 163,100 shares, an increase of 167.8% from the December 31st total of 60,900 shares. Based on an average daily trading volume, of 324,800 shares, the days-to-cover ratio is currently 0.5 days.
Wall Street Analyst Weigh In
A number of brokerages have commented on DTEGY. Barclays upgraded shares of Deutsche Telekom to a "strong-buy" rating in a research report on Monday, November 18th. UBS Group upgraded shares of Deutsche Telekom from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 9th. Finally, Citigroup upgraded shares of Deutsche Telekom to a "strong-buy" rating in a report on Thursday, October 17th.
View Our Latest Analysis on Deutsche Telekom
Deutsche Telekom Stock Up 2.1 %
OTCMKTS DTEGY traded up $0.66 during trading hours on Wednesday, reaching $32.09. The company's stock had a trading volume of 303,573 shares, compared to its average volume of 296,431. Deutsche Telekom has a fifty-two week low of $22.03 and a fifty-two week high of $32.47. The company's 50-day moving average is $30.90 and its two-hundred day moving average is $29.45. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.15 and a quick ratio of 1.08.
Deutsche Telekom Company Profile
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Deutsche Telekom, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Deutsche Telekom wasn't on the list.
While Deutsche Telekom currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
