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freenet (OTCMKTS:FRTAF) Sets New 1-Year Low - Here's Why

freenet logo with Computer and Technology background

Shares of freenet AG (OTCMKTS:FRTAF - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $26.87 and last traded at $26.87, with a volume of 0 shares. The stock had previously closed at $26.87.

freenet Stock Performance

The firm has a market cap of $3.44 billion, a P/E ratio of 12.67 and a beta of 0.40. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.62 and a current ratio of 0.75. The business's 50-day simple moving average is $26.87 and its 200 day simple moving average is $26.99.

freenet (OTCMKTS:FRTAF - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.66 EPS for the quarter. freenet had a net margin of 9.07% and a return on equity of 18.50%. The business had revenue of $679.75 million during the quarter.

About freenet

(Get Free Report)

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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