Deutsche Telekom (ETR:DTE) Shares Up 0.8%

Deutsche Telekom AG (ETR:DTE)’s stock price shot up 0.8% during mid-day trading on Wednesday . The company traded as high as €15.05 ($17.50) and last traded at €15.03 ($17.48), 9,543,572 shares changed hands during trading. The stock had previously closed at €14.92 ($17.35).

The stock has a 50 day simple moving average of €15.50 and a 200 day simple moving average of €15.21. The company has a current ratio of 0.70, a quick ratio of 0.61 and a debt-to-equity ratio of 199.33. The stock has a market cap of $71.21 billion and a P/E ratio of 25.61.

Deutsche Telekom Company Profile (ETR:DTE)

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services worldwide. The company operates through five segments: Germany, United States, Europe, Systems Solutions, and Group Development. 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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