Deutsche Telekom (ETR:DTE) Hits New 12-Month High – What’s Next?

Deutsche Telekom AG (ETR:DTEGet Free Report) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as €30.58 ($32.19) and last traded at €30.60 ($32.21), with a volume of 5037946 shares. The stock had previously closed at €30.58 ($32.19).

Deutsche Telekom Stock Performance

The stock has a fifty day moving average price of €28.20 and a 200 day moving average price of €25.55. The company has a current ratio of 0.99, a quick ratio of 0.57 and a debt-to-equity ratio of 158.99. The firm has a market cap of $152.39 billion, a price-to-earnings ratio of 30.60, a price-to-earnings-growth ratio of 0.78 and a beta of 0.62.

About Deutsche Telekom

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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.

Further Reading

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