freenet (OTCMKTS:FRTAF) Hits New 52-Week High – Time to Buy?

Shares of freenet AG (OTCMKTS:FRTAF) reached a new 52-week high on Monday . The stock traded as high as $26.87 and last traded at $26.87, with a volume of 0 shares. The stock had previously closed at $26.87.

freenet Stock Performance

The company has a current ratio of 0.67, a quick ratio of 0.62 and a debt-to-equity ratio of 0.31. The firm has a market cap of $3.44 billion, a PE ratio of 14.52 and a beta of 0.40. The firm’s 50 day simple moving average is $26.90 and its 200 day simple moving average is $27.05.

freenet (OTCMKTS:FRTAF) last announced its earnings results on Wednesday, August 7th. The company reported $0.69 EPS for the quarter. The firm had revenue of $651.55 million during the quarter. freenet had a return on equity of 18.16% and a net margin of 8.56%.

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.