United Internet AG (OTCMKTS:UDIRF) Short Interest Update

United Internet AG (OTCMKTS:UDIRF) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 21,300 shares, a decrease of 96.9% from the December 15th total of 694,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 213.0 days.

Shares of UDIRF opened at $39.32 on Friday. The company has a 50-day simple moving average of $38.61 and a 200-day simple moving average of $40.39. The company has a quick ratio of 0.78, a current ratio of 0.83 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $7.36 billion, a PE ratio of 17.40 and a beta of 0.67. United Internet has a 52-week low of $36.10 and a 52-week high of $46.15.

A number of equities analysts have recently commented on the stock. Barclays reaffirmed an “overweight” rating on shares of United Internet in a research report on Friday, September 17th. Zacks Investment Research raised shares of United Internet from a “sell” rating to a “hold” rating in a report on Wednesday, December 29th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $44.49.

United Internet Company Profile

United Internet AG, through its subsidiaries, operates as an Internet service provider (ISP). It operates through Consumer Access, Business Access, Consumer Applications, and Business Applications segments. The company offers landline-based broadband and mobile internet products, including home networks, online storage, telephony, and IPTV; and telecommunication products ranging from fiber-optic direct connections to tailored ICT solutions, which include voice, data, and network solutions, as well as infrastructure services to national and international carriers and ISPs.

Further Reading: What is a Fibonacci Channel?

Receive News & Ratings for United Internet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Internet and related companies with MarketBeat.com's FREE daily email newsletter.