freenet AG (OTCMKTS:FRTAF – Get Free Report) shares reached a new 52-week high on Friday . The stock traded as high as $26.87 and last traded at $26.87, with a volume of 0 shares trading hands. The stock had previously closed at $26.87.
freenet Price Performance
The stock has a market cap of $3.44 billion, a price-to-earnings ratio of 14.52 and a beta of 0.40. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.62 and a current ratio of 0.67. The firm’s 50-day simple moving average is $26.99 and its two-hundred day simple moving average is $27.09.
freenet (OTCMKTS:FRTAF – Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.69 earnings per share for the quarter. freenet had a net margin of 8.56% and a return on equity of 18.16%. The business had revenue of $651.55 million during the quarter.
freenet Company Profile
freenet AG provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany. It operates through Mobile Communications, TV and Media, and Other/Holding segments. The Mobile Communications segment engages in the marketing of mobile communications services, which include voice and data services from the mobile network operators; planning, set up, installation, and maintenance services for WiFi networks; and selling and distribution of mobile devices, as well as offers additional services for mobile data communications and digital lifestyle.
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