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

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

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Berenberg Bank upgraded shares of Deutsche Telekom to a “strong-buy” rating in a research report on Thursday, September 19th. UBS Group lowered shares of Deutsche Telekom from a “buy” rating to a “neutral” rating in a research report on Tuesday, September 10th. Citigroup upgraded shares of Deutsche Telekom to a “strong-buy” rating in a research note on Thursday, October 17th. Finally, Barclays raised shares of Deutsche Telekom to a “strong-buy” rating in a research note on Monday, November 18th.

Deutsche Telekom Trading Down 0.2 %

The company’s 50-day moving average is $30.14 and its 200-day moving average is $27.59. The firm has a market cap of $159.57 billion, a price-to-earnings ratio of 18.17, a P/E/G ratio of 1.59 and a beta of 0.70. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.99.

About Deutsche Telekom

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.