Deutsche Telekom (OTCMKTS:DTEGY) Stock Price Up 0.1% – Time to Buy?

Deutsche Telekom AG (OTCMKTS:DTEGY) shares traded up 0.1% during trading on Monday . The company traded as high as $31.03 and last traded at $30.96. 715,835 shares were traded during mid-day trading, an increase of 7% from the average session volume of 667,912 shares. The stock had previously closed at $30.94.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Zacks Research lowered shares of Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 14th. Wall Street Zen cut shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Deutsche Telekom Trading Up 0.1%

The business’s 50 day moving average is $33.97 and its two-hundred day moving average is $35.58. The firm has a market capitalization of $151.86 billion, a P/E ratio of 11.14, a PEG ratio of 1.50 and a beta of 0.54. The company has a quick ratio of 1.06, a current ratio of 1.12 and a debt-to-equity ratio of 1.05.

Deutsche Telekom (OTCMKTS:DTEGY) last released its earnings results on Thursday, August 7th. The utilities provider reported $0.58 EPS for the quarter, beating the consensus estimate of $0.57 by $0.01. Deutsche Telekom had a net margin of 10.67% and a return on equity of 10.14%. The firm had revenue of $33.33 billion for the quarter, compared to analysts’ expectations of $28.76 billion. Analysts expect that Deutsche Telekom AG will post 1.86 EPS for the current year.

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.