freenet AG (OTCMKTS:FRTAF - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $26.87 and last traded at $26.87, with a volume of 0 shares changing hands. The stock had previously closed at $26.87.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group downgraded freenet from a "hold" rating to a "strong sell" rating in a research note on Monday, December 9th.
Get Our Latest Analysis on freenet
freenet Stock Performance
The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.71 and a current ratio of 0.75. The firm has a market cap of $3.44 billion, a P/E ratio of 12.67 and a beta of 0.40. The business's fifty day moving average is $26.87 and its 200-day moving average is $26.98.
freenet (OTCMKTS:FRTAF - Get Free Report) last issued its quarterly earnings results 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 for the quarter.
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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