Deutsche Telekom (ETR:DTE) Stock Price Down 0.5% - Here's What Happened

Key Points

• Deutsche Telekom's share price fell by 0.5% to €29.08 ($34.21) during trading, with around 22.9 million shares exchanged.
• The company has a market capitalization of $142.49 billion and a price-to-earnings ratio of 23.53, indicating its valuation relative to earnings.
• Deutsche Telekom operates across multiple segments including Germany, the United States, and Europe, providing integrated telecommunication services.

Deutsche Telekom AG (ETR:DTE - )'s share price dropped 0.5% during trading on Monday . The company traded as low as €29.05 ($34.18) and last traded at €29.08 ($34.21). Approximately 22,886,175 shares changed hands during mid-day trading, The stock had previously closed at €29.23 ($34.39).

Deutsche Telekom Stock Performance

The stock has a 50 day moving average of €30.79 and a 200 day moving average of €31.81. The company has a quick ratio of 0.57, a current ratio of 1.15 and a debt-to-equity ratio of 78.00. The company has a market capitalization of $142.49 billion, a price-to-earnings ratio of 23.53, a price-to-earnings-growth ratio of 0.78 and a beta of 0.62.

About Deutsche Telekom

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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