freenet AG (OTCMKTS:FRTAF - Get Free Report) has been assigned a consensus rating of "Reduce" from the six ratings firms that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a buy recommendation on the company.
Several equities research analysts recently issued reports on FRTAF shares. Oddo Bhf downgraded shares of freenet to an "underperform" rating in a research note on Thursday, May 22nd. Citigroup downgraded shares of freenet from a "strong-buy" rating to a "hold" rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of freenet in a research note on Friday, March 7th. HSBC downgraded shares of freenet to a "hold" rating in a research note on Wednesday, May 7th. Finally, UBS Group downgraded shares of freenet from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 14th.
View Our Latest Research Report on FRTAF
freenet Price Performance
freenet stock remained flat at $39.73 during midday trading on Friday. freenet has a fifty-two week low of $39.73 and a fifty-two week high of $40.00. The firm has a market capitalization of $4.72 billion, a price-to-earnings ratio of 18.74 and a beta of -0.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.71 and a current ratio of 0.75. The company has a 50 day moving average price of $39.89 and a 200-day moving average price of $32.12.
About freenet
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Get Free Reportfreenet 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.
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