|Bid||17.78 x 910400|
|Ask||17.78 x 288200|
|Day's Range||17.74 - 18.00|
|52 Week Range||12.59 - 18.00|
|Beta (5Y Monthly)||0.73|
|PE Ratio (TTM)||20.14|
|Earnings Date||Aug 12, 2021|
|Forward Dividend & Yield||0.60 (3.41%)|
|Ex-Dividend Date||Apr 06, 2021|
|1y Target Est||17.04|
Deutsche Telekom AG (DTEGY) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Deutsche Telekom is offering investors stakes in a company it is creating to overhaul Germany's internet cables to help foot the bill for much-needed network modernisation, three people familiar with the matter said. The deal is part of a German bid to catch up with other European countries such as Spain, which has outpaced Europe's industrial powerhouse by laying high-tech glass fibre cables while Germany is mainly stuck with old-fashioned copper lines. Deutsche Telekom, Germany's main telecoms company, has come under increasing pressure to act quickly as the coronavirus pandemic has forced more people to work from home and rely on fast, stable internet connections.
Last week, AT&T (NYSE: T) announced it would be spinning off its WarnerMedia unit and cutting its dividend. Many AT&T shareholders are retirees who likely held the stock for its high dividend, but the new AT&T dividend should only be a little more than half the current payout, likely just under 4% at the stock's current levels. While the new media company could have promise, AT&T's "core" telecom business is up against some stiff competition in the race for 5G.