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

freenet AG (OTCMKTS:FRTAF)’s stock price reached a new 52-week high on Thursday . The company traded as high as $26.87 and last traded at $26.87, with a volume of 0 shares trading hands. The stock had previously closed at $26.87.

freenet Stock Performance

The stock has a market cap of $3.44 billion, a PE ratio of 12.67 and a beta of 0.40. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.75 and a quick ratio of 0.62. The business has a 50 day moving average price of $26.87 and a two-hundred day moving average price of $27.00.

freenet (OTCMKTS:FRTAF) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.66 earnings per share for the quarter. The firm had revenue of $679.75 million during the quarter. freenet had a return on equity of 18.50% and a net margin of 9.07%.

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.