Deutsche Telekom (ETR:DTE) Reaches New 52-Week High – Should You Buy?

Deutsche Telekom AG (ETR:DTEGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as €28.76 ($30.27) and last traded at €28.72 ($30.23), with a volume of 6154067 shares traded. The stock had previously closed at €28.76 ($30.27).

Deutsche Telekom Price Performance

The firm has a market cap of $143.42 billion, a price-to-earnings ratio of 28.72, a price-to-earnings-growth ratio of 0.78 and a beta of 0.62. The stock’s 50-day moving average price is €27.37 and its 200 day moving average price is €24.87. The company has a quick ratio of 0.57, a current ratio of 0.99 and a debt-to-equity ratio of 158.99.

About Deutsche Telekom

(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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