Deutsche Telekom (OTCMKTS:DTEGY) Announces Earnings Results

Deutsche Telekom (OTCMKTS:DTEGY) posted its quarterly earnings data on Wednesday. The utilities provider reported $0.51 earnings per share for the quarter, Zacks reports. Deutsche Telekom had a return on equity of 7.65% and a net margin of 5.36%. The firm had revenue of $33 billion during the quarter.

Deutsche Telekom Trading Up 0.7 %

Shares of OTCMKTS:DTEGY opened at $35.76 on Friday. The company has a current ratio of 1.15, a quick ratio of 1.08 and a debt-to-equity ratio of 1.04. Deutsche Telekom has a 52-week low of $22.03 and a 52-week high of $36.92. The business’s 50 day simple moving average is $32.50 and its two-hundred day simple moving average is $30.74.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. UBS Group raised Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Barclays upgraded shares of Deutsche Telekom to a “strong-buy” rating in a research report on Monday, November 18th.

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.