Deutsche Telekom (OTCMKTS:DTEGY) Shares Gap Down - Time to Sell?

Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report)'s share price gapped down before the market opened on Wednesday . The stock had previously closed at $37.06, but opened at $36.01. Deutsche Telekom shares last traded at $36.07, with a volume of 17,487 shares traded.

Analysts Set New Price Targets

DTEGY has been the topic of several recent research reports. Hsbc Global Res downgraded Deutsche Telekom from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. Morgan Stanley reaffirmed an "overweight" rating on shares of Deutsche Telekom in a research report on Wednesday, May 14th. Finally, Wall Street Zen raised Deutsche Telekom from a "hold" rating to a "buy" rating in a research note on Friday, June 6th. One analyst has rated the stock with a hold rating, two have issued a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat.com, Deutsche Telekom has a consensus rating of "Buy".

Deutsche Telekom Price Performance

The firm has a market cap of $179.57 billion, a P/E ratio of 13.74, a P/E/G ratio of 1.41 and a beta of 0.62. The company has a fifty day moving average of $36.75 and a 200-day moving average of $34.82. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.23 and a quick ratio of 1.16.

Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) last announced its earnings results on Thursday, May 15th. The utilities provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.52 by $0.01. Deutsche Telekom had a net margin of 10.26% and a return on equity of 10.03%. The company had revenue of $33.37 billion during the quarter, compared to the consensus estimate of $29.43 billion. On average, sell-side analysts anticipate 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.

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