Deutsche Telekom (OTCMKTS:DTEGY) Sees Unusually-High Trading Volume – Here’s What Happened

by · The Cerbat Gem

Deutsche Telekom AG (OTCMKTS:DTEGYGet Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 932,971 shares were traded during mid-day trading, an increase of 127% from the previous session’s volume of 410,185 shares.The stock last traded at $32.64 and had previously closed at $33.41.

Deutsche Telekom Stock Performance

The stock’s 50-day moving average price is $31.89 and its 200-day moving average price is $34.08. The company has a market capitalization of $159.71 billion, a price-to-earnings ratio of 12.06, a P/E/G ratio of 1.31 and a beta of 0.44. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.93 and a current ratio of 1.00.

Deutsche Telekom (OTCMKTS:DTEGYGet Free Report) last released its quarterly earnings data on Thursday, November 13th. The utilities provider reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.06. The firm had revenue of $33.55 billion during the quarter, compared to the consensus estimate of $33.65 billion. Deutsche Telekom had a return on equity of 10.54% and a net margin of 10.15%. As a group, equities research analysts expect that Deutsche Telekom AG will post 1.86 earnings per share for the current year.

About Deutsche Telekom

(Get Free Report)

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.

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