Deutsche Telekom (OTCMKTS:DTEGY) Shares Gap Down - Should You Sell?

Key Points

• Deutsche Telekom shares gapped down from a previous close of $37.22 to open at $35.70, and last traded at $35.69 with a volume of 31,505 shares.
• Analysts have recently downgraded Deutsche Telekom's stock, with Zacks Research and Wall Street Zen reducing their ratings from "buy" to "hold", while Morgan Stanley maintained an "overweight" rating.
• In its latest quarterly earnings report, Deutsche Telekom reported $0.58 EPS, exceeding analysts' expectations of $0.57 EPS, along with revenue of $33.33 billion compared to estimated $28.76 billion.

Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $37.22, but opened at $35.70. Deutsche Telekom shares last traded at $35.69, with a volume of 31,505 shares.

Analysts Set New Price Targets

DTEGY has been the topic of a number of research analyst reports. Zacks Research downgraded shares of Deutsche Telekom from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 14th. Wall Street Zen downgraded shares of Deutsche Telekom from a "buy" rating to a "hold" rating in a report on Sunday, August 10th. Four analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Deutsche Telekom currently has an average rating of "Buy".

Deutsche Telekom Stock Performance

The firm has a market capitalization of $172.96 billion, a PE ratio of 12.68, a P/E/G ratio of 1.43 and a beta of 0.60. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.12 and a quick ratio of 1.06. The company's fifty day simple moving average is $36.11 and its 200 day simple moving average is $36.39.

Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The utilities provider reported $0.58 EPS for the quarter, beating the consensus estimate of $0.57 by $0.01. Deutsche Telekom had a net margin of 10.67% and a return on equity of 10.14%. The business had revenue of $33.33 billion for the quarter, compared to the consensus estimate of $28.76 billion. As a group, equities research analysts expect that Deutsche Telekom AG will post 1.86 EPS for the current fiscal year.

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.