Deutsche Telekom AG (OTCMKTS:DTEGY) Short Interest Up 99.8% in February

Deutsche Telekom AG (OTCMKTS:DTEGY) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 326,400 shares, a growth of 99.8% from the February 13th total of 163,400 shares. Based on an average daily trading volume, of 4,996,700 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Deutsche Telekom Price Performance

DTEGY stock traded up $0.21 during midday trading on Friday, reaching $36.78. The company had a trading volume of 1,404,941 shares, compared to its average volume of 1,275,991. The company has a market capitalization of $183.40 billion, a price-to-earnings ratio of 15.07, a price-to-earnings-growth ratio of 1.35 and a beta of 0.77. The stock has a 50 day moving average price of $33.97 and a 200-day moving average price of $31.43. Deutsche Telekom has a 1-year low of $22.03 and a 1-year high of $37.74. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.15 and a quick ratio of 1.08.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. UBS Group raised Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Hsbc Global Res downgraded Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Finally, Barclays raised Deutsche Telekom to a “strong-buy” rating in a research note on Monday, November 18th. One investment analyst has rated the stock with a hold rating and four have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Strong Buy”.

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.