Deutsche Telekom (ETR:DTE) Shares Up 0.2% – Time to Buy?

Deutsche Telekom AG (ETR:DTE)’s share price shot up 0.2% during mid-day trading on Wednesday . The stock traded as high as €29.30 and last traded at €28.88. 5,000,166 shares changed hands during mid-day trading, The stock had previously closed at €28.82.

Deutsche Telekom Price Performance

The stock has a market cap of $136.36 billion, a P/E ratio of 22.52, a price-to-earnings-growth ratio of 0.78 and a beta of 0.30. The company has a current ratio of 1.18, a quick ratio of 0.57 and a debt-to-equity ratio of 226.62. The company’s fifty day simple moving average is €29.15 and its 200-day simple moving average is €29.25.

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.