Deutsche Telekom (ETR:DTE) Trading Down 0.6% – Here’s What Happened

Deutsche Telekom AG (ETR:DTE)’s stock price traded down 0.6% during trading on Wednesday . The company traded as low as €26.40 and last traded at €26.59. Approximately 4,296,523 shares were traded during mid-day trading, The stock had previously closed at €26.74.

Deutsche Telekom Stock Down 0.6%

The stock has a market cap of $130.29 billion, a price-to-earnings ratio of 21.52, a price-to-earnings-growth ratio of 0.78 and a beta of 0.31. The firm’s fifty day moving average price is €27.32 and its two-hundred day moving average price is €29.10. The company has a debt-to-equity ratio of 226.62, a current ratio of 1.18 and a quick ratio of 0.57.

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. In addition, the company provides mobile voice and data services to consumers and business customers; sells mobile devices and other hardware products; and sells mobile services to resellers and to companies that purchases and markets network services to third parties, such as mobile virtual network operators.