United Internet (ETR:UTDI) Stock Price Down 9% – Here’s Why

United Internet AG (ETR:UTDIGet Free Report) was down 9% on Monday . The company traded as low as €14.83 ($15.45) and last traded at €15.15 ($15.78). Approximately 1,351,011 shares changed hands during trading, an increase of 328% from the average daily volume of 315,722 shares. The stock had previously closed at €16.64 ($17.33).

United Internet Trading Up 2.2 %

The business’s 50 day moving average is €15.59 and its two-hundred day moving average is €17.25. The company has a quick ratio of 0.62, a current ratio of 0.94 and a debt-to-equity ratio of 57.46. The firm has a market capitalization of $2.75 billion, a P/E ratio of -1,548.43, a PEG ratio of 0.85 and a beta of 0.59.

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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