Deutsche Telekom (OTCMKTS:DTEGY) Sees Large Volume Increase - Here's Why

Key Points

• Deutsche Telekom experienced a significant increase in trading volume, with 2,307,436 shares traded on Tuesday, marking a 251% increase from the previous session.
• Recent analyst ratings show mixed sentiments, with upgrades and downgrades leading to an average rating of "Buy" from five research firms.
• The company reported quarterly earnings of $0.58 EPS, exceeding estimates, and generated $33.33 billion in revenue against a consensus estimate of $28.76 billion.

Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report) saw an uptick in trading volume on Tuesday . 2,307,436 shares traded hands during trading, an increase of 251% from the previous session's volume of 657,698 shares.The stock last traded at $33.47 and had previously closed at $33.81.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on DTEGY. Wall Street Zen lowered shares of Deutsche Telekom from a "buy" rating to a "hold" rating in a research note on Sunday, August 10th. Zacks Research lowered shares of Deutsche Telekom from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 14th. Three research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Deutsche Telekom presently has an average rating of "Buy".

Deutsche Telekom Trading Down 0.4%

The company has a quick ratio of 1.06, a current ratio of 1.12 and a debt-to-equity ratio of 1.05. The company has a fifty day moving average of $35.91 and a two-hundred day moving average of $36.31. The stock has a market capitalization of $165.21 billion, a price-to-earnings ratio of 12.12, a P/E/G ratio of 1.38 and a beta of 0.60.

Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The utilities provider reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.01. Deutsche Telekom had a return on equity of 10.14% and a net margin of 10.67%.The firm had revenue of $33.33 billion during the quarter, compared to the consensus estimate of $28.76 billion. On average, research analysts expect that Deutsche Telekom AG will post 1.86 EPS for the current year.

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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