Deutsche Telekom (OTCMKTS:DTEGY) Shares Up 0.7% – Here’s What Happened

Deutsche Telekom AG (OTCMKTS:DTEGY) shares shot up 0.7% during trading on Tuesday . The stock traded as high as $34.20 and last traded at $34.16. 386,116 shares changed hands during mid-day trading, a decline of 13% from the average session volume of 443,143 shares. The stock had previously closed at $33.92.

Deutsche Telekom Trading Up 0.7%

The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 1.04. The company has a fifty day moving average of $32.24 and a 200-day moving average of $33.67. The company has a market capitalization of $167.56 billion, a price-to-earnings ratio of 12.65, a PEG ratio of 1.24 and a beta of 0.43.

Deutsche Telekom (OTCMKTS:DTEGY) last announced its quarterly earnings data on Thursday, November 13th. The utilities provider reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.06. Deutsche Telekom had a net margin of 10.15% and a return on equity of 10.54%. The company had revenue of $33.55 billion during the quarter, compared to analysts’ expectations of $33.65 billion. As a group, equities research analysts anticipate that Deutsche Telekom AG will post 1.86 earnings per share for the current fiscal year.

Deutsche Telekom Company Profile

Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.