Deutsche Telekom AG (OTCMKTS:DTEGY) Sees Significant Decrease in Short Interest

Deutsche Telekom AG (OTCMKTS:DTEGYGet Free Report) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 200,804 shares, a decline of 67.5% from the June 15th total of 617,318 shares. Based on an average daily volume of 1,577,392 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Deutsche Telekom Stock Performance

Shares of OTCMKTS DTEGY traded up $0.95 during trading on Friday, reaching $29.83. 558,946 shares of the company traded hands, compared to its average volume of 683,640. The firm’s fifty day simple moving average is $31.64 and its 200 day simple moving average is $33.96. The stock has a market cap of $146.32 billion, a P/E ratio of 14.27, a PEG ratio of 0.75 and a beta of 0.34. Deutsche Telekom has a 12-month low of $26.90 and a 12-month high of $40.58. The company has a current ratio of 1.18, a quick ratio of 1.10 and a debt-to-equity ratio of 1.11.

Deutsche Telekom (OTCMKTS:DTEGYGet Free Report) last issued its earnings results on Wednesday, May 13th. The utilities provider reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.45). Deutsche Telekom had a return on equity of 10.86% and a net margin of 7.38%.The company had revenue of $34.97 billion during the quarter, compared to analysts’ expectations of $33.14 billion. Deutsche Telekom has set its FY 2026 guidance at 2.540-2.540 EPS. As a group, research analysts anticipate that Deutsche Telekom will post 2.53 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on DTEGY. Citigroup reiterated a “buy” rating on shares of Deutsche Telekom in a report on Monday, April 20th. Erste Group Bank cut shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Finally, Zacks Research raised shares of Deutsche Telekom from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on DTEGY

About Deutsche Telekom

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Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.

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