Deutsche Telekom (OTCMKTS:DTEGY) Reaches New 52-Week High – Time to Buy?

Deutsche Telekom AG (OTCMKTS:DTEGY)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $32.10 and last traded at $32.00, with a volume of 135300 shares trading hands. The stock had previously closed at $32.06.

Wall Street Analyst Weigh In

Several brokerages have commented on DTEGY. Citigroup upgraded shares of Deutsche Telekom to a “strong-buy” rating in a research note on Thursday, October 17th. Barclays upgraded shares of Deutsche Telekom to a “strong-buy” rating in a research note on Monday, November 18th. Berenberg Bank upgraded shares of Deutsche Telekom to a “strong-buy” rating in a research note on Thursday, September 19th. Finally, UBS Group lowered shares of Deutsche Telekom from a “buy” rating to a “neutral” rating in a research note on Tuesday, September 10th.

Deutsche Telekom Stock Down 0.4 %

The stock has a market capitalization of $158.97 billion, a P/E ratio of 18.39, a PEG ratio of 1.59 and a beta of 0.72. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.99 and a quick ratio of 0.93. The stock’s fifty day moving average is $30.29 and its two-hundred day moving average is $27.74.

Deutsche Telekom Company Profile

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.