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 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.
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