Deutsche Telekom AG (OTCMKTS:DTEGY) Short Interest Update

Deutsche Telekom AG (OTCMKTS:DTEGY) saw a significant decrease in short interest in November. As of November 15th, there was short interest totalling 65,000 shares, a decrease of 39.3% from the October 31st total of 107,100 shares. Based on an average daily volume of 406,100 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. UBS Group lowered Deutsche Telekom from a “buy” rating to a “neutral” rating in a report on Tuesday, September 10th. Barclays upgraded Deutsche Telekom to a “strong-buy” rating in a report on Monday, November 18th. Berenberg Bank upgraded Deutsche Telekom to a “strong-buy” rating in a report on Thursday, September 19th. Finally, Citigroup raised Deutsche Telekom to a “strong-buy” rating in a research report on Thursday, October 17th.

Deutsche Telekom Stock Performance

DTEGY stock traded up $0.38 during trading on Thursday, reaching $31.61. 165,193 shares of the stock were exchanged, compared to its average volume of 306,820. Deutsche Telekom has a twelve month low of $22.03 and a twelve month high of $31.70. The company has a market capitalization of $157.62 billion, a P/E ratio of 17.49, a price-to-earnings-growth ratio of 1.55 and a beta of 0.70. The stock has a 50 day simple moving average of $30.08 and a 200-day simple moving average of $27.48. The company has a current ratio of 0.99, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06.

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.