Deutsche Telekom AG (OTCMKTS:DTEGY) Sees Significant Growth in Short Interest

Deutsche Telekom AG (OTCMKTS:DTEGYGet Free Report) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 731,644 shares, a growth of 221.6% from the July 30th total of 227,485 shares. Based on an average trading volume of 762,119 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Kepler Capital Markets downgraded shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Thursday. Citigroup reiterated a “buy” rating on shares of Deutsche Telekom in a research note on Monday, July 13th. Erste Group Bank downgraded shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Deutsche Telekom in a research report on Tuesday, July 21st. Finally, Zacks Research upgraded shares of Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Deutsche Telekom presently has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Report on DTEGY

Deutsche Telekom Stock Performance

Shares of OTCMKTS:DTEGY traded up $0.37 during trading on Friday, hitting $33.17. 1,140,292 shares of the stock were exchanged, compared to its average volume of 673,361. The company has a market capitalization of $162.71 billion, a price-to-earnings ratio of 16.02, a price-to-earnings-growth ratio of 0.73 and a beta of 0.33. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.10 and a current ratio of 1.18. Deutsche Telekom has a 1-year low of $26.90 and a 1-year high of $40.58. The company’s fifty day simple moving average is $31.19 and its 200-day simple moving average is $33.78.

Deutsche Telekom (OTCMKTS:DTEGYGet Free Report) last issued its earnings results on Thursday, August 6th. The utilities provider reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.01. Deutsche Telekom had a return on equity of 11.11% and a net margin of 7.18%.The business had revenue of $34.53 billion during the quarter, compared to analyst estimates of $34.43 billion. Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. Sell-side analysts expect that Deutsche Telekom will post 2.63 EPS for the current fiscal year.

Deutsche Telekom Company Profile

(Get Free Report)

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.

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