Deutsche Telekom (ETR:DTE) Stock Price Down 0.6% – Time to Sell?

Deutsche Telekom AG (ETR:DTEGet Free Report) shares fell 0.6% during trading on Thursday . The company traded as low as €28.92 and last traded at €28.93. Approximately 3,126,182 shares traded hands during mid-day trading, The stock had previously closed at €29.10.

Deutsche Telekom Stock Performance

The firm has a fifty day moving average of €27.08 and a 200 day moving average of €29.12. The company has a debt-to-equity ratio of 239.82, a current ratio of 1.03 and a quick ratio of 0.57. The stock has a market capitalization of $141.75 billion, a price-to-earnings ratio of 23.41, a price-to-earnings-growth ratio of 0.78 and a beta of 0.32.

About Deutsche Telekom

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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.

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