Deutsche Telekom AG (OTCMKTS:DTEGY) Sees Large Increase in Short Interest

Deutsche Telekom AG (OTCMKTS:DTEGY) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 326,400 shares, an increase of 99.8% from the February 13th total of 163,400 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 4,996,700 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

A number of research firms have commented on DTEGY. UBS Group raised shares of Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Hsbc Global Res cut shares of Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Finally, Barclays upgraded shares of Deutsche Telekom to a “strong-buy” rating in a research note on Monday, November 18th. One investment analyst has rated the stock with a hold rating and four have issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Strong Buy”.

Deutsche Telekom Stock Up 0.6 %

Shares of DTEGY opened at $36.78 on Friday. 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 has a market cap of $183.40 billion, a P/E ratio of 15.07, a price-to-earnings-growth ratio of 1.35 and a beta of 0.77. Deutsche Telekom has a 52 week low of $22.03 and a 52 week high of $37.74. The firm’s 50-day simple moving average is $33.97 and its 200 day simple moving average is $31.45.

Deutsche Telekom (OTCMKTS:DTEGY) last posted its quarterly earnings data on Wednesday, February 26th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter. The firm had revenue of $33 billion during the quarter. Deutsche Telekom had a net margin of 5.36% and a return on equity of 7.65%. On average, analysts forecast that Deutsche Telekom will post 1.86 earnings per share for the current 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.