United Internet (ETR:UTDI) Trading Up 2.5% – Here’s Why

United Internet AG (ETR:UTDI) shares rose 2.5% on Tuesday . The stock traded as high as €24.28 and last traded at €24.20. Approximately 81,388 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 315,722 shares. The stock had previously closed at €23.60.

United Internet Trading Up 2.5%

The company has a market cap of $4.16 billion, a price-to-earnings ratio of -2,344.94, a PEG ratio of 0.85 and a beta of 0.48. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 71.74. The business’s 50 day moving average price is €24.96 and its 200-day moving average price is €26.57.

About United Internet

United Internet AG, through its subsidiaries, operates as an Internet service provider worldwide. The company operates through Consumer Access, Business Access, Consumer Applications, and Business Applications segments. It offers landline-based broadband and mobile internet products, including home networks, online storage, telephony, and IPTV for private users; 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.