freenet (OTCMKTS:FRTAF) Hits New 52-Week High at $27.14

freenet AG (OTCMKTS:FRTAF) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $27.14 and last traded at $27.14, with a volume of 0 shares. The stock had previously closed at $27.14.

freenet Price Performance

The business has a 50 day moving average of $27.14 and a 200-day moving average of $26.75. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 0.66.

freenet (OTCMKTS:FRTAF) last posted its earnings results on Wednesday, May 15th. The company reported $0.60 earnings per share (EPS) for the quarter. freenet had a return on equity of 17.74% and a net margin of 7.67%. The business had revenue of $693.69 million during the quarter.

About freenet

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.