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Deutsche Telekom (OTCMKTS:DTEGY) Reaches New 1-Year High - Here's What Happened

Deutsche Telekom logo with Utilities background

Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $34.24 and last traded at $34.13, with a volume of 267503 shares traded. The stock had previously closed at $33.61.

Analyst Upgrades and Downgrades

DTEGY has been the subject of a number of recent research reports. Citigroup upgraded Deutsche Telekom to a "strong-buy" rating in a research note on Thursday, October 17th. UBS Group raised shares of Deutsche Telekom from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th. Finally, Barclays raised shares of Deutsche Telekom to a "strong-buy" rating in a research report on Monday, November 18th.

Read Our Latest Research Report on DTEGY

Deutsche Telekom Stock Performance

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 stock has a 50-day moving average price of $31.31 and a 200-day moving average price of $29.84.

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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