Deutsche Telekom AG (OTCMKTS:DTEGY) Sees Large Increase in Short Interest
by Teresa Graham · The Cerbat GemDeutsche Telekom AG (OTCMKTS:DTEGY – Get Free Report) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 360,829 shares, a growth of 98.5% from the November 30th total of 181,818 shares. Based on an average daily trading volume, of 1,155,584 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,155,584 shares, the short-interest ratio is currently 0.3 days.
Deutsche Telekom Stock Up 0.2%
OTCMKTS DTEGY traded up $0.08 during trading on Friday, reaching $32.56. The company’s stock had a trading volume of 254,025 shares, compared to its average volume of 586,140. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $159.71 billion, a PE ratio of 12.06, a PEG ratio of 1.41 and a beta of 0.44. Deutsche Telekom has a 1-year low of $29.44 and a 1-year high of $39.04. The business has a 50-day moving average price of $32.04 and a 200-day moving average price of $34.36.
Deutsche Telekom (OTCMKTS:DTEGY – Get Free Report) last released its quarterly earnings results on Thursday, November 13th. The utilities provider reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.06. Deutsche Telekom had a net margin of 10.15% and a return on equity of 10.54%. The business had revenue of $33.55 billion for the quarter, compared to the consensus estimate of $33.65 billion. On average, research analysts forecast that Deutsche Telekom will post 1.86 earnings per share for the current fiscal year.
About Deutsche Telekom
Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.
Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.