Deutsche Telekom (ETR:DTE) Shares Down 0.8% – Here’s Why

Deutsche Telekom AG (ETR:DTE) was down 0.8% on Wednesday . The company traded as low as €27.65 and last traded at €27.85. Approximately 6,524,971 shares were traded during trading, The stock had previously closed at €28.08.

Deutsche Telekom Trading Down 0.8%

The stock has a market capitalization of $136.46 billion, a P/E ratio of 22.54, a price-to-earnings-growth ratio of 0.78 and a beta of 0.32. The stock’s fifty day moving average price is €26.93 and its two-hundred day moving average price is €29.02. The company has a current ratio of 1.18, a quick ratio of 0.57 and a debt-to-equity ratio of 226.62.

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.