Deutsche Telekom AG (OTCMKTS:DTEGY – Get Free Report) 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.
Check Out Our Latest Report on DTEGY
Deutsche Telekom Price Performance
Deutsche Telekom (OTCMKTS:DTEGY – Get Free Report) 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.
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