Deutsche Telekom (ETR:DTE) Trading Up 0.5% – Time to Buy?

Deutsche Telekom AG (ETR:DTE) shares shot up 0.5% on Wednesday . The company traded as high as €26.69 and last traded at €26.26. 8,728,897 shares were traded during mid-day trading, The stock had previously closed at €26.12.

Deutsche Telekom Trading Down 0.9%

The company has a debt-to-equity ratio of 226.62, a current ratio of 1.18 and a quick ratio of 0.57. The business’s 50 day moving average is €28.02 and its 200 day moving average is €29.26. The stock has a market cap of $128.42 billion, a price-to-earnings ratio of 21.21, a P/E/G ratio of 0.78 and a beta of 0.29.

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. In addition, the company provides mobile voice and data services to consumers and business customers; sells mobile devices and other hardware products; and sells mobile services to resellers and to companies that purchases and markets network services to third parties, such as mobile virtual network operators.