Free Trial

freenet (OTCMKTS:FRTAF) Hits New 52-Week Low - Should You Sell?

freenet logo with Computer and Technology background

freenet AG (OTCMKTS:FRTAF - Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low 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 Price Performance

The firm has a market capitalization of $3.44 billion, a PE ratio of 14.52 and a beta of 0.40. The stock has a 50-day simple moving average of $26.92 and a 200-day simple moving average of $27.06. The company has a quick ratio of 0.62, a current ratio of 0.67 and a debt-to-equity ratio of 0.31.

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

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

→ Missed Out On Nvidia? (From Unstoppable Prosperity) (Ad)

Should you invest $1,000 in freenet right now?

Before you consider freenet, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and freenet wasn't on the list.

While freenet currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

ISRG Stock Surges: AI and Healthcare Innovation at the Core
Energy Vault’s 100% Stock Jump: CEO Discusses $350M Project in Australia in MarketBeat CEO Series
Market Shifts After Election: What Stocks Could Benefit Most?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines