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Deutsche Telekom (ETR:DTE) Stock Price Up 1% - Time to Buy?

Deutsche Telekom logo with Communication Services background

Deutsche Telekom AG (ETR:DTE - Get Free Report)'s stock price shot up 1% during trading on Wednesday . The company traded as high as €34.57 ($37.99) and last traded at €34.56 ($37.98). Approximately 5,068,280 shares traded hands during trading, The stock had previously closed at €34.22 ($37.60).

Deutsche Telekom Price Performance

The stock has a 50-day simple moving average of €33.54 and a 200 day simple moving average of €30.27. The stock has a market capitalization of $159.73 billion, a P/E ratio of 26.38, a price-to-earnings-growth ratio of 0.78 and a beta of 0.62. The company has a debt-to-equity ratio of 78.00, a quick ratio of 0.57 and a current ratio of 1.15.

About Deutsche Telekom

(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.

Further Reading

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