freenet (OTCMKTS:FRTAF) Hits New 52-Week High – What’s Next?

Shares of freenet AG (OTCMKTS:FRTAF) hit a new 52-week high during trading on Friday . 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 firm’s fifty day simple moving average is $26.87 and its two-hundred day simple moving average is $27.01. 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) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.66 EPS for the quarter. The firm had revenue of $679.75 million for the quarter. freenet had a net margin of 9.07% and a return on equity of 18.78%.

freenet Company Profile

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.