freenet AG (FRA:FNTN – Get Free Report) shares crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of €23.40 and traded as high as €23.50. freenet shares last traded at €23.44, with a volume of 238,247 shares traded.
freenet Price Performance
The stock’s fifty day moving average is €23.37 and its two-hundred day moving average is €25.65.
freenet Company Profile
freenet AG provides telecommunications, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services 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 communications network operators; planning, construction, installation, and maintenance services for WiFi networks; and selling and distribution of mobile communications devices, as well as offers additional services for mobile data communications and digital lifestyle.
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