Deutsche Telekom (OTCMKTS:DTEGY) Trading Up 0.8% – Should You Buy?

Deutsche Telekom AG (OTCMKTS:DTEGY)’s share price was up 0.8% during trading on Monday . The company traded as high as $37.08 and last traded at $36.99. Approximately 256,944 shares changed hands during trading, a decline of 40% from the average daily volume of 430,516 shares. The stock had previously closed at $36.71.

Analyst Ratings Changes

A number of equities analysts have recently commented on DTEGY shares. Erste Group Bank upgraded shares of Deutsche Telekom from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. Zacks Research downgraded shares of Deutsche Telekom from a “hold” rating to a “strong sell” rating in a research note on Monday, March 9th. Finally, Wall Street Zen downgraded shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Thursday, March 12th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Deutsche Telekom has an average rating of “Hold”.

Deutsche Telekom Price Performance

The firm has a market capitalization of $181.44 billion, a price-to-earnings ratio of 16.74, a P/E/G ratio of 0.99 and a beta of 0.41. The company’s 50 day moving average is $37.15 and its 200-day moving average is $34.17. The company has a current ratio of 1.12, a quick ratio of 1.04 and a debt-to-equity ratio of 1.07.

About Deutsche Telekom

Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.