Deutsche Telekom (ETR:DTE) Sets New 12-Month High – Here’s Why

Deutsche Telekom AG (ETR:DTEGet Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as €28.76 ($30.60) and last traded at €28.72 ($30.55), with a volume of 6154067 shares changing hands. The stock had previously closed at €28.76 ($30.60).

Deutsche Telekom Stock Performance

The company has a debt-to-equity ratio of 158.99, a quick ratio of 0.57 and a current ratio of 0.99. The company has a market cap of $143.03 billion, a P/E ratio of 28.68, a P/E/G ratio of 0.78 and a beta of 0.62. The stock’s fifty day moving average price is €27.26 and its two-hundred day moving average price is €24.78.

About Deutsche Telekom

(Get Free Report)

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.

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