Deutsche Telekom (ETR:DTE) Shares Down 5% - Should You Sell?

Key Points

• Deutsche Telekom AG's stock price dropped 5% during mid-day trading, reaching a low of €29.41 ($34.20) before closing at €29.75 ($34.59).
• The company maintains a market capitalization of $144.54 billion with a price-to-earnings ratio of 23.87 and a debt-to-equity ratio of 78.00.
• Deutsche Telekom provides integrated telecommunication services, operating across various segments including Germany, the US, and Europe.

Deutsche Telekom AG (ETR:DTE - Get Free Report)'s share price dropped 5% during mid-day trading on Friday . The stock traded as low as €29.41 ($34.20) and last traded at €29.75 ($34.59). Approximately 17,388,567 shares were traded during trading, The stock had previously closed at €31.31 ($36.41).

Deutsche Telekom Stock Up 1.2%

The company has a debt-to-equity ratio of 78.00, a current ratio of 1.15 and a quick ratio of 0.57. The firm has a 50 day simple moving average of €31.21 and a 200-day simple moving average of €32.35. The stock has a market capitalization of $148.56 billion, a price-to-earnings ratio of 24.54, a price-to-earnings-growth ratio of 0.78 and a beta of 0.62.

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.