Deutsche Telekom (OTCMKTS:DTEGY) Hits New 12-Month High – Should You Buy?

Deutsche Telekom AG (OTCMKTS:DTEGY) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $34.56 and last traded at $34.56, with a volume of 227800 shares. The stock had previously closed at $33.98.

Analysts Set New Price Targets

Several equities research analysts recently commented on DTEGY shares. UBS Group raised shares of Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Citigroup upgraded Deutsche Telekom to a “strong-buy” rating in a report on Thursday, October 17th. Finally, Barclays raised Deutsche Telekom to a “strong-buy” rating in a research report on Monday, November 18th.

Deutsche Telekom Stock Performance

The firm’s 50-day simple moving average is $31.31 and its 200 day simple moving average is $29.87. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.08 and a current ratio of 1.15.

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.