Deutsche Telekom (ETR:DTE) Stock Price Down 0.6% – Here’s Why

Deutsche Telekom AG (ETR:DTE)’s stock price traded down 0.6% on Thursday . The stock traded as low as €28.92 and last traded at €28.93. Approximately 3,126,182 shares changed hands during mid-day trading, The stock had previously closed at €29.10.

Deutsche Telekom Stock Down 0.6%

The company has a current ratio of 1.03, a quick ratio of 0.57 and a debt-to-equity ratio of 239.82. The business’s 50-day simple moving average is €27.08 and its 200-day simple moving average is €29.12. The company has a market capitalization of $141.75 billion, a PE ratio of 23.41, a price-to-earnings-growth ratio of 0.78 and a beta of 0.32.

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. In addition, the company provides mobile voice and data services to consumers and business customers; sells mobile devices and other hardware products; and sells mobile services to resellers and to companies that purchases and markets network services to third parties, such as mobile virtual network operators.