freenet AG (OTCMKTS:FRTAF - Get Free Report) was the recipient of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 39,000 shares, a decrease of 43.9% from the January 31st total of 69,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.
freenet Stock Performance
OTCMKTS:FRTAF remained flat at $26.87 on Wednesday. The firm has a fifty day moving average of $26.87 and a two-hundred day moving average of $26.87. freenet has a 1 year low of $26.87 and a 1 year high of $26.87. The company has a current ratio of 0.75, a quick ratio of 0.71 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $3.44 billion, a price-to-earnings ratio of 12.67 and a beta of 0.40.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on FRTAF shares. UBS Group lowered freenet from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 14th. The Goldman Sachs Group downgraded shares of freenet from a "hold" rating to a "strong sell" rating in a report on Monday, December 9th.
View Our Latest Report on freenet
freenet Company Profile
(
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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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