freenet (OTCMKTS:FRTAF) Sets New 52-Week High – Should You Buy?

Shares of freenet AG (OTCMKTS:FRTAF) hit a new 52-week high during trading on Thursday . 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 Price Performance

The company has a market capitalization of $3.44 billion, a P/E ratio of 12.67 and a beta of 0.40. The business’s fifty day moving average price is $26.87 and its 200 day moving average price is $27.02. 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) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.66 EPS for the quarter. freenet had a return on equity of 18.78% and a net margin of 9.07%. The business had revenue of $679.75 million for the quarter.

About freenet

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.