Deutsche Telekom (OTCMKTS:DTEGY) Releases Quarterly Earnings Results

Deutsche Telekom (OTCMKTS:DTEGY) released its earnings results on Wednesday. The utilities provider reported $0.51 earnings per share (EPS) for the quarter, Zacks reports. Deutsche Telekom had a return on equity of 7.65% and a net margin of 5.36%.

Deutsche Telekom Trading Up 1.9 %

Shares of Deutsche Telekom stock traded up $0.68 during trading on Wednesday, reaching $36.86. The company’s stock had a trading volume of 4,448,156 shares, compared to its average volume of 802,382. The business has a 50 day moving average price of $32.29 and a 200-day moving average price of $30.67. Deutsche Telekom has a 12-month low of $22.03 and a 12-month high of $36.92. The company has a quick ratio of 1.08, a current ratio of 1.15 and a debt-to-equity ratio of 1.04.

Wall Street Analyst Weigh In

DTEGY has been the topic of several recent research reports. Barclays raised shares of Deutsche Telekom to a “strong-buy” rating in a research note on Monday, November 18th. UBS Group raised shares of Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th.

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.