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

Deutsche Telekom AG (OTCMKTS:DTEGY) shares reached a new 52-week high on Tuesday . The company traded as high as $34.56 and last traded at $34.56, with a volume of 227800 shares. The stock had previously closed at $33.98.

Analyst Upgrades and Downgrades

Several research firms have weighed in on DTEGY. UBS Group upgraded Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Citigroup upgraded Deutsche Telekom to a “strong-buy” rating in a research note on Thursday, October 17th. Finally, Barclays upgraded Deutsche Telekom to a “strong-buy” rating in a research note on Monday, November 18th.

Deutsche Telekom Stock Performance

The stock has a 50 day moving average price of $31.43 and a two-hundred day moving average price of $29.99. 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 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.