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Deutsche Telekom (OTCMKTS:DTEGY) Sets New 1-Year High - Here's Why

Deutsche Telekom logo with Utilities background

Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $36.18 and last traded at $36.08, with a volume of 3037078 shares traded. The stock had previously closed at $35.36.

Analysts Set New Price Targets

Several brokerages have weighed in on DTEGY. Barclays upgraded Deutsche Telekom to a "strong-buy" rating in a research note on Monday, November 18th. UBS Group upgraded Deutsche Telekom from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th.

View Our Latest Analysis on DTEGY

Deutsche Telekom Stock Down 0.1 %

The firm has a 50-day moving average price of $32.08 and a 200-day moving average price of $30.47. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.08 and a current ratio of 1.15.

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.

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