Freenet AG (OTCMKTS:FRTAF – Get Free Report)’s share price hit a new 52-week low on Friday. The company traded as low as $25.43 and last traded at $25.43, with a volume of 100 shares changing hands. The stock had previously closed at $27.00.
Freenet Trading Down 5.8%
The firm’s fifty day moving average price is $26.97 and its 200-day moving average price is $29.32. The company has a market cap of $3.02 billion, a P/E ratio of 9.93 and a beta of -0.06.
About Freenet
Freenet AG is a telecommunications and digital services company headquartered in Büdelsdorf, Germany. The company provides mobile communications, internet and television services to consumers, primarily in the German market, and operates as a service provider using the networks of major mobile network operators rather than maintaining a nationwide mobile network of its own.
Its offerings include mobile voice and data plans, broadband connectivity, prepaid and contract services, smartphones and other consumer electronics, and related accessories.
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