Deutsche Telekom AG (OTCMKTS:DTEGY) Sees Significant Decrease in Short Interest

Deutsche Telekom AG (OTCMKTS:DTEGY) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 163,400 shares, a decrease of 57.4% from the January 31st total of 383,600 shares. Based on an average daily volume of 453,700 shares, the days-to-cover ratio is presently 0.4 days.

Deutsche Telekom Trading Up 1.2 %

Shares of Deutsche Telekom stock opened at $36.18 on Monday. The firm has a market capitalization of $180.41 billion, a PE ratio of 14.83, a price-to-earnings-growth ratio of 1.35 and a beta of 0.74. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.15 and a quick ratio of 1.08. The company’s fifty day moving average price is $32.62 and its two-hundred day moving average price is $30.85. Deutsche Telekom has a 52-week low of $22.03 and a 52-week high of $36.92.

Deutsche Telekom (OTCMKTS:DTEGY) last announced its quarterly earnings results on Wednesday, February 26th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter. The firm had revenue of $33 billion for the quarter. Deutsche Telekom had a net margin of 5.36% and a return on equity of 7.65%. On average, analysts expect that Deutsche Telekom will post 1.86 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Barclays upgraded shares of Deutsche Telekom to a “strong-buy” rating in a research note on Monday, November 18th. UBS Group upgraded shares of Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th.

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.