Deutsche Telekom (ETR:DTE) Trading 1.5% Higher – Still a Buy?

Shares of Deutsche Telekom AG (ETR:DTEGet Free Report) rose 1.5% during trading on Wednesday . The stock traded as high as €27.67 and last traded at €27.62. Approximately 4,633,402 shares were traded during mid-day trading, The stock had previously closed at €27.20.

Deutsche Telekom Price Performance

The company’s 50-day simple moving average is €28.29 and its 200 day simple moving average is €30.34. The company has a market capitalization of $134.89 billion, a P/E ratio of 22.28, a P/E/G ratio of 0.78 and a beta of 0.62. The company has a quick ratio of 0.57, a current ratio of 1.15 and a debt-to-equity ratio of 78.00.

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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