Deutsche Telekom (ETR:DTE) Stock Price Up 1.5% – Here’s Why

Deutsche Telekom AG (ETR:DTE) shares traded up 1.5% during trading on Wednesday . The company traded as high as €27.67 and last traded at €27.62. 4,633,402 shares traded hands during trading, The stock had previously closed at €27.20.

Deutsche Telekom Price Performance

The company has a quick ratio of 0.57, a current ratio of 1.15 and a debt-to-equity ratio of 78.00. The stock’s 50-day moving average price is €28.36 and its 200 day moving average price is €30.39. The firm has a market cap of $135.33 billion, a price-to-earnings ratio of 22.35, a price-to-earnings-growth ratio of 0.78 and a beta of 0.62.

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.