freenet AG (OTCMKTS:FRTAF - Get Free Report) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 28,000 shares, a decrease of 6.4% from the September 15th total of 29,900 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
freenet Price Performance
OTCMKTS:FRTAF remained flat at $26.87 during trading hours on Wednesday. The stock has a market capitalization of $3.44 billion, a P/E ratio of 14.52 and a beta of 0.40. The company has a fifty day moving average of $26.92 and a 200-day moving average of $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 has a 12 month low of $26.87 and a 12 month high of $26.87.
freenet (OTCMKTS:FRTAF - Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.69 EPS for the quarter. freenet had a net margin of 8.56% and a return on equity of 18.16%. The company had revenue of $651.55 million for the quarter.
About freenet
(
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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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