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freenet (OTCMKTS:FRTAF) Sets New 12-Month High - What's Next?

freenet logo with Computer and Technology background

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

freenet Stock 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 firm's 50-day moving average is $26.91 and its two-hundred day moving average is $27.06. The company has a current ratio of 0.67, a quick ratio of 0.62 and a debt-to-equity ratio of 0.31.

freenet (OTCMKTS:FRTAF - Get Free Report) last announced its earnings results on Wednesday, August 7th. The company reported $0.69 EPS for the quarter. The business had revenue of $651.55 million during the quarter. freenet had a return on equity of 18.16% and a net margin of 8.56%.

freenet Company Profile

(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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