Deutsche Telekom (OTCMKTS:DTEGY) Downgraded by Zacks Research to “Strong Sell”

Deutsche Telekom (OTCMKTS:DTEGY) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Monday,Zacks.com reports.

Separately, Erste Group Bank upgraded shares of Deutsche Telekom from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Deutsche Telekom Trading Down 0.0%

DTEGY stock opened at $37.97 on Monday. Deutsche Telekom has a one year low of $30.31 and a one year high of $40.58. The stock has a market cap of $186.25 billion, a price-to-earnings ratio of 17.18, a price-to-earnings-growth ratio of 1.02 and a beta of 0.40. The company has a fifty day moving average price of $35.27 and a two-hundred day moving average price of $34.01. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.00 and a quick ratio of 0.93.

About Deutsche Telekom

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.