Deutsche Telekom (ETR:DTE) Sets New 52-Week High – Time to Buy?

Deutsche Telekom AG (ETR:DTE)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as €29.94 ($31.52) and last traded at €29.91 ($31.48), with a volume of 4085027 shares changing hands. The stock had previously closed at €29.78 ($31.35).

Deutsche Telekom Price Performance

The company has a quick ratio of 0.57, a current ratio of 0.99 and a debt-to-equity ratio of 158.99. The firm has a market capitalization of $150.05 billion, a price-to-earnings ratio of 29.91, a P/E/G ratio of 0.78 and a beta of 0.62. The stock’s 50 day moving average price is €27.71 and its two-hundred day moving average price is €25.20.

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.