Deutsche Telekom (OTCMKTS:DTEGY) Announces Quarterly Earnings Results

Deutsche Telekom (OTCMKTS:DTEGY) announced its quarterly earnings data on Wednesday. The utilities provider reported $0.51 earnings per share for the quarter, Zacks reports. Deutsche Telekom had a net margin of 5.36% and a return on equity of 7.65%.

Deutsche Telekom Trading Up 1.9 %

Shares of Deutsche Telekom stock traded up $0.68 on Wednesday, reaching $36.86. The company’s stock had a trading volume of 4,448,156 shares, compared to its average volume of 802,382. Deutsche Telekom has a 52 week low of $22.03 and a 52 week high of $36.92. The firm’s fifty day simple moving average is $32.29 and its two-hundred day simple moving average is $30.67. The company has a quick ratio of 1.08, a current ratio of 1.15 and a debt-to-equity ratio of 1.04.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on DTEGY shares. Barclays raised Deutsche Telekom to a “strong-buy” rating in a report on Monday, November 18th. UBS Group raised shares of Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th.

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.