Deutsche Telekom (ETR:DTE) Sets New 12-Month High – Time to Buy?

Deutsche Telekom AG (ETR:DTEGet Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as €28.66 ($30.49) and last traded at €27.85 ($29.63), with a volume of 7924369 shares changing hands. The stock had previously closed at €28.03 ($29.82).

Deutsche Telekom Price 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’s 50 day moving average price is €27.12 and its 200-day moving average price is €24.68. The company has a market cap of $138.69 billion, a price-to-earnings ratio of 28.03, a PEG ratio of 0.78 and a beta of 0.62.

Deutsche Telekom Company Profile

(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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