Deutsche Telekom (ETR:DTE) Sets New 1-Year High – Here’s Why

by · The Cerbat Gem

Deutsche Telekom AG (ETR:DTE – Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as €28.11 ($30.55) and last traded at €27.95 ($30.38), with a volume of 3405888 shares changing hands. The stock had previously closed at €28.02 ($30.46).

Deutsche Telekom Price Performance

The business’s 50-day simple moving average is €26.79 and its two-hundred day simple moving average is €24.39. The company has a quick ratio of 0.57, a current ratio of 0.99 and a debt-to-equity ratio of 158.99. The stock has a market cap of $139.19 billion, a P/E ratio of 28.02, a price-to-earnings-growth 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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