freenet AG (OTCMKTS:FRTAF - Get Free Report) saw a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 69,500 shares, a growth of 12.8% from the January 15th total of 61,600 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Analyst Ratings Changes
A number of analysts have weighed in on FRTAF shares. UBS Group cut freenet from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 14th. The Goldman Sachs Group cut freenet from a "hold" rating to a "strong sell" rating in a research report on Monday, December 9th.
Check Out Our Latest Analysis on FRTAF
freenet Price Performance
Shares of OTCMKTS FRTAF remained flat at $26.87 during trading hours on Friday. freenet has a 1 year low of $26.87 and a 1 year high of $26.87. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.75 and a quick ratio of 0.71. The stock has a market cap of $3.19 billion, a P/E ratio of 12.67 and a beta of 0.35. The firm has a 50 day simple moving average of $26.87 and a two-hundred day simple moving average of $26.89.
About freenet
(
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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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