Deutsche Telekom AG (OTCMKTS:DTEGY – Get Free Report) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 163,100 shares, an increase of 167.8% from the December 15th total of 60,900 shares. Based on an average daily trading volume, of 324,800 shares, the short-interest ratio is currently 0.5 days.
Deutsche Telekom Trading Down 0.9 %
OTCMKTS:DTEGY traded down $0.29 during midday trading on Wednesday, hitting $30.80. The stock had a trading volume of 229,375 shares, compared to its average volume of 495,976. The company has a quick ratio of 1.08, a current ratio of 1.15 and a debt-to-equity ratio of 1.04. The stock has a 50-day moving average of $30.69 and a 200 day moving average of $29.05. The company has a market capitalization of $153.58 billion, a price-to-earnings ratio of 17.95, a PEG ratio of 1.32 and a beta of 0.73. Deutsche Telekom has a one year low of $22.03 and a one year high of $32.47.
Analyst Ratings Changes
A number of equities research analysts have issued reports on DTEGY shares. Berenberg Bank upgraded Deutsche Telekom to a “strong-buy” rating in a research report on Thursday, September 19th. UBS Group upgraded Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Barclays upgraded shares of Deutsche Telekom to a “strong-buy” rating in a report on Monday, November 18th. Finally, Citigroup upgraded shares of Deutsche Telekom to a “strong-buy” rating in a report on Thursday, October 17th.
About Deutsche Telekom
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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