Deutsche Telekom (OTCMKTS:DTEGY) Issues Earnings Results

Deutsche Telekom (OTCMKTS:DTEGY) posted its quarterly earnings data on Wednesday. The utilities provider reported $0.51 earnings per share for the quarter, Zacks reports. Deutsche Telekom had a net margin of 5.36% and a return on equity of 7.65%.

Deutsche Telekom Stock Performance

OTCMKTS:DTEGY opened at $35.52 on Thursday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.08 and a current ratio of 1.15. The firm’s 50-day moving average is $32.39 and its 200-day moving average is $30.70. Deutsche Telekom has a 52-week low of $22.03 and a 52-week high of $36.92.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on DTEGY. UBS Group raised Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Barclays upgraded Deutsche Telekom to a “strong-buy” rating in a report on Monday, November 18th.

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.