United Internet (ETR:UTDI) Trading Down 1.7% – Here’s What Happened

United Internet AG (ETR:UTDIGet Free Report)’s share price was down 1.7% during mid-day trading on Thursday . The company traded as low as €18.71 ($20.34) and last traded at €18.95 ($20.60). Approximately 174,873 shares were traded during trading, a decline of 45% from the average daily volume of 315,722 shares. The stock had previously closed at €19.27 ($20.95).

United Internet Stock Down 1.7 %

The stock has a market capitalization of $3.28 billion, a PE ratio of 126.33, a P/E/G ratio of 0.85 and a beta of 0.59. The stock’s 50-day moving average price is €19.04 and its two-hundred day moving average price is €20.28. The company has a debt-to-equity ratio of 51.92, a quick ratio of 0.62 and a current ratio of 1.07.

About United Internet

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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.

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