Deutsche Telekom (OTCMKTS:DTEGY) Cut to “Neutral” at UBS Group

UBS Group downgraded shares of Deutsche Telekom (OTCMKTS:DTEGY) from a buy rating to a neutral rating in a report issued on Tuesday morning, MarketBeat Ratings reports.

Deutsche Telekom Trading Up 1.0 %

OTCMKTS:DTEGY opened at $29.65 on Tuesday. Deutsche Telekom has a 52 week low of $20.48 and a 52 week high of $29.71. The firm has a 50 day moving average of $27.22 and a 200 day moving average of $25.05. The company has a quick ratio of 0.93, a current ratio of 0.99 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $147.85 billion, a price-to-earnings ratio of 16.55, a PEG ratio of 1.02 and a beta of 0.70.

Deutsche Telekom (OTCMKTS:DTEGY) last posted its earnings results on Thursday, August 8th. The utilities provider reported $0.54 EPS for the quarter. Deutsche Telekom had a net margin of 4.48% and a return on equity of 7.51%. The company had revenue of $30.56 billion during the quarter. As a group, sell-side analysts anticipate that Deutsche Telekom will post 1.96 earnings per share for the current fiscal year.

About Deutsche Telekom

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.