Deutsche Telekom AG (OTCMKTS:DTEGY) Sees Significant Increase in Short Interest

Deutsche Telekom AG (OTCMKTS:DTEGY) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 38,000 shares, a growth of 24.6% from the August 31st total of 30,500 shares. Based on an average daily volume of 368,100 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. UBS Group cut shares of Deutsche Telekom from a “buy” rating to a “neutral” rating in a research report on Tuesday, September 10th. Berenberg Bank upgraded shares of Deutsche Telekom to a “strong-buy” rating in a report on Thursday, September 19th.

Deutsche Telekom Price Performance

OTCMKTS:DTEGY opened at $29.27 on Monday. Deutsche Telekom has a 52 week low of $20.48 and a 52 week high of $29.97. The firm’s 50-day simple moving average is $27.89 and its 200 day simple moving average is $25.45. The firm has a market cap of $145.95 billion, a price-to-earnings ratio of 16.95, a P/E/G ratio of 1.25 and a beta of 0.70. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.99.

Deutsche Telekom (OTCMKTS:DTEGY) last announced its quarterly earnings data on Thursday, August 8th. The utilities provider reported $0.54 EPS for the quarter. Deutsche Telekom had a net margin of 4.48% and a return on equity of 7.51%. The business had revenue of $30.56 billion during the quarter. As a group, sell-side analysts predict that Deutsche Telekom will post 1.96 earnings per share for the current year.

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.