Deutsche Telekom (ETR:DTE) Reaches New 52-Week High – What’s Next?

Shares of Deutsche Telekom AG (ETR:DTEGet Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as €27.32 ($30.02) and last traded at €27.14 ($29.82), with a volume of 4454251 shares. The stock had previously closed at €27.20 ($29.89).

Deutsche Telekom Price Performance

The stock has a market capitalization of $135.16 billion, a PE ratio of 27.14, a P/E/G ratio of 0.78 and a beta of 0.62. The firm’s 50 day simple moving average is €25.75 and its 200 day simple moving average is €23.70. The company has a debt-to-equity ratio of 158.99, a current ratio of 0.99 and a quick ratio of 0.57.

Deutsche Telekom Company Profile

(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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