Deutsche Telekom (OTCMKTS:DTEGY) Cut to Hold at Wall Street Zen

Wall Street Zen lowered shares of Deutsche Telekom (OTCMKTS:DTEGY) from a buy rating to a hold rating in a report released on Thursday.

Several other research firms have also commented on DTEGY. Zacks Research lowered shares of Deutsche Telekom from a “hold” rating to a “strong sell” rating in a research note on Monday, March 9th. Erste Group Bank raised shares of Deutsche Telekom from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Deutsche Telekom Price Performance

OTCMKTS:DTEGY opened at $38.07 on Thursday. The firm has a market capitalization of $186.74 billion, a price-to-earnings ratio of 17.23, a PEG ratio of 1.03 and a beta of 0.40. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.00 and a quick ratio of 0.93. The business has a 50 day simple moving average of $35.58 and a 200-day simple moving average of $34.05. Deutsche Telekom has a 1 year low of $30.31 and a 1 year high of $40.58.

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.