Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 104,200 shares, an increase of 41.8% from the September 30th total of 73,500 shares. Based on an average daily volume of 383,100 shares, the short-interest ratio is presently 0.3 days.
Analyst Ratings Changes
Several research firms have recently weighed in on DTEGY. Berenberg Bank upgraded shares of Deutsche Telekom to a "strong-buy" rating in a research report on Thursday, September 19th. Citigroup raised Deutsche Telekom to a "strong-buy" rating in a research note on Thursday, October 17th. Finally, UBS Group lowered Deutsche Telekom from a "buy" rating to a "neutral" rating in a research report on Tuesday, September 10th.
View Our Latest Stock Analysis on DTEGY
Deutsche Telekom Trading Up 0.1 %
Shares of DTEGY traded up $0.03 during mid-day trading on Tuesday, reaching $30.58. The company's stock had a trading volume of 142,395 shares, compared to its average volume of 312,501. Deutsche Telekom has a 52 week low of $21.58 and a 52 week high of $30.73. The stock has a market cap of $152.49 billion, a PE ratio of 17.08, a P/E/G ratio of 1.25 and a beta of 0.71. The company's fifty day moving average price is $29.24 and its two-hundred day moving average price is $26.32. The company has a current ratio of 0.99, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06.
Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The utilities provider reported $0.54 earnings per share (EPS) for the quarter. Deutsche Telekom had a net margin of 4.48% and a return on equity of 7.51%. The business had revenue of $30.56 billion during the quarter. On average, analysts predict that Deutsche Telekom will post 1.96 earnings per share for the current fiscal year.
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.
Recommended Stories
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
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.