Deutsche Telekom (OTCMKTS:DTEGY) Hits New 52-Week High – Time to Buy?

Deutsche Telekom AG (OTCMKTS:DTEGY) reached a new 52-week high during trading on Monday . The stock traded as high as $32.10 and last traded at $32.00, with a volume of 135300 shares. The stock had previously closed at $32.06.

Wall Street Analyst Weigh In

A number of brokerages have commented on DTEGY. UBS Group cut Deutsche Telekom from a “buy” rating to a “neutral” rating in a research note on Tuesday, September 10th. Berenberg Bank raised Deutsche Telekom to a “strong-buy” rating in a report on Thursday, September 19th. Barclays upgraded Deutsche Telekom to a “strong-buy” rating in a report on Monday, November 18th. Finally, Citigroup upgraded Deutsche Telekom to a “strong-buy” rating in a research note on Thursday, October 17th.

Deutsche Telekom Trading Down 0.2 %

The stock’s 50 day simple moving average is $30.14 and its two-hundred day simple moving average is $27.59. The stock has a market capitalization of $159.57 billion, a PE ratio of 18.17, a PEG ratio of 1.59 and a beta of 0.70. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.99 and a quick ratio of 0.93.

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.