Deutsche Telekom (ETR:DTE) Shares Up 1% – Here’s What Happened

Deutsche Telekom AG (ETR:DTE)’s stock price traded up 1% during mid-day trading on Wednesday . The stock traded as high as €34.57 ($37.58) and last traded at €34.56 ($37.57). 5,068,280 shares changed hands during mid-day trading, The stock had previously closed at €34.22 ($37.20).

Deutsche Telekom Trading Up 1.0 %

The company has a market cap of $169.34 billion, a price-to-earnings ratio of 27.97, a P/E/G ratio of 0.78 and a beta of 0.62. The business has a fifty day simple moving average of €33.38 and a 200 day simple moving average of €30.17. The company has a quick ratio of 0.57, a current ratio of 1.15 and a debt-to-equity ratio of 78.00.

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.