Deutsche Telekom (OTCMKTS:DTEGY) Announces Quarterly Earnings Results

Deutsche Telekom (OTCMKTS:DTEGY) posted its quarterly earnings data on Wednesday. The utilities provider reported $0.51 EPS for the quarter, Zacks reports. The firm had revenue of $33 billion during the quarter. Deutsche Telekom had a return on equity of 7.65% and a net margin of 5.36%.

Deutsche Telekom Price Performance

OTCMKTS DTEGY opened at $35.76 on Friday. Deutsche Telekom has a 52-week low of $22.03 and a 52-week 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. The company has a 50 day simple moving average of $32.50 and a 200-day simple moving average of $30.74.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. UBS Group upgraded Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Barclays raised shares of Deutsche Telekom to a “strong-buy” rating in a research 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.