Deutsche Telekom (ETR:DTE) Sets New 12-Month High – Here’s What Happened

Deutsche Telekom AG (ETR:DTEGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as €29.94 ($31.52) and last traded at €29.91 ($31.48), with a volume of 4085027 shares traded. The stock had previously closed at €29.78 ($31.35).

Deutsche Telekom Price Performance

The stock has a 50-day moving average of €27.59 and a two-hundred day moving average of €25.08. The company has a current ratio of 0.99, a quick ratio of 0.57 and a debt-to-equity ratio of 158.99. The firm has a market cap of $148.95 billion, a price-to-earnings ratio of 29.78, a price-to-earnings-growth ratio of 0.78 and a beta of 0.62.

Deutsche Telekom Company Profile

(Get Free Report)

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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