freenet (OTCMKTS:FRTAF) Sets New 1-Year High – Time to Buy?

by · The Markets Daily

freenet AG (OTCMKTS:FRTAF – Get Free Report) reached a new 52-week high 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 company has a current ratio of 0.67, a quick ratio of 0.62 and a debt-to-equity ratio of 0.31. The company has a fifty day simple moving average of $26.91 and a 200-day simple moving average of $27.06. The company has a market capitalization of $3.44 billion, a PE ratio of 14.52 and a beta of 0.40.

freenet (OTCMKTS:FRTAF – Get Free Report) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $0.69 earnings per share (EPS) 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.

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