Deutsche Telekom AG (OTCMKTS:DTEGY) Short Interest Up 99.8% in February

Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 326,400 shares, an increase of 99.8% from the February 13th total of 163,400 shares. Based on an average daily volume of 4,996,700 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Deutsche Telekom Price Performance

OTCMKTS DTEGY traded up $0.20 during trading on Tuesday, hitting $36.99. 392,656 shares of the stock traded hands, compared to its average volume of 1,259,596. The company has a market capitalization of $184.45 billion, a P/E ratio of 15.16, a price-to-earnings-growth ratio of 1.35 and a beta of 0.77. Deutsche Telekom has a 12-month low of $22.03 and a 12-month high of $37.74. The firm has a 50-day simple moving average of $34.11 and a 200-day simple moving average of $31.53. The company has a quick ratio of 1.08, a current ratio of 1.15 and a debt-to-equity ratio of 1.04.

Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter. Deutsche Telekom had a return on equity of 7.65% and a net margin of 5.36%. The business had revenue of $33 billion during the quarter. As a group, analysts predict that Deutsche Telekom will post 1.86 EPS for the current year.

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Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Barclays raised Deutsche Telekom to a "strong-buy" rating in a report on Monday, November 18th. Hsbc Global Res cut Deutsche Telekom from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Finally, UBS Group upgraded Deutsche Telekom from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th. One research analyst has rated the stock with a hold rating and four have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Deutsche Telekom presently has a consensus rating of "Strong Buy".

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.