Deutsche Telekom (OTCMKTS:DTEGY) Lowered 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 published on Tuesday morning, Marketbeat.com reports.

Deutsche Telekom Trading Down 0.6 %

Shares of DTEGY stock opened at $28.79 on Tuesday. The company’s 50-day moving average price is $27.00 and its 200-day moving average price is $24.95. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.99 and a quick ratio of 0.93. Deutsche Telekom has a twelve month low of $20.48 and a twelve month high of $29.30.

Deutsche Telekom (OTCMKTS:DTEGY) last announced its quarterly earnings data on Thursday, August 8th. The utilities provider reported $0.54 earnings per share for the quarter. Deutsche Telekom had a net margin of 4.48% and a return on equity of 7.51%. The firm had revenue of $30.56 billion during the quarter. As a group, equities analysts expect that Deutsche Telekom will post 1.96 earnings per share for the current year.

Deutsche Telekom Company Profile

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.