Deutsche Telekom (OTCMKTS:DTEGY) Announces Earnings Results

Deutsche Telekom (OTCMKTS:DTEGY) released its quarterly earnings results on Wednesday. The utilities provider reported $0.51 earnings per share for the quarter, Zacks reports. Deutsche Telekom had a return on equity of 7.65% and a net margin of 5.36%.

Deutsche Telekom Price Performance

Deutsche Telekom stock opened at $35.52 on Thursday. The company’s 50-day moving average price is $32.39 and its two-hundred day moving average price is $30.70. Deutsche Telekom has a twelve month low of $22.03 and a twelve month high of $36.92. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.15 and a quick ratio of 1.08.

Analysts Set New Price Targets

Several research firms have issued reports on DTEGY. UBS Group raised Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Barclays upgraded shares of Deutsche Telekom to a “strong-buy” rating in a report on Monday, November 18th.

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.