Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report) was the target of a large decline in short interest in March. As of March 31st, there was short interest totalling 6,700 shares, a decline of 52.8% from the March 15th total of 14,200 shares. Based on an average daily volume of 471,300 shares, the days-to-cover ratio is presently 0.0 days.
Deutsche Telekom Stock Down 2.3 %
Shares of OTCMKTS:DTEGY traded down $0.57 during trading hours on Thursday, hitting $23.70. The company's stock had a trading volume of 159,661 shares, compared to its average volume of 213,270. Deutsche Telekom has a 52 week low of $20.13 and a 52 week high of $25.64. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.99 and a quick ratio of 0.92. The company has a market capitalization of $112.85 billion, a price-to-earnings ratio of 5.62, a P/E/G ratio of 2.24 and a beta of 0.65. The firm's fifty day moving average price is $23.97 and its 200 day moving average price is $23.52.
Deutsche Telekom Increases Dividend
The firm also recently declared a dividend, which will be paid on Monday, April 22nd. Stockholders of record on Monday, April 15th will be issued a $0.8054 dividend. The ex-dividend date is Friday, April 12th. This is a positive change from Deutsche Telekom's previous dividend of $0.72. Deutsche Telekom's payout ratio is currently 17.02%.
About Deutsche Telekom
(
Get Free Report)
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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