United Internet (ETR:UTDI) Trading Up 0.6% - Here's What Happened

Key Points

• Shares rose 0.6% mid-day to €28.06 (intraday high €28.20) on Monday, while volume was ~139,592 shares, down about 56% from the average daily volume.
• The company has a market capitalization of $4.82 billion and a deeply negative P/E (-2,718.97), with a PEG of 0.85, high leverage (debt-to-equity 71.49) and tight liquidity (current ratio 0.94, quick ratio 0.62).
• United Internet is a global internet service provider offering landline and mobile broadband, telephony, IPTV, online storage and business ICT/infrastructure services to carriers and enterprises.

United Internet AG (ETR:UTDI - ) shares were up 0.6% during mid-day trading on Monday . The stock traded as high as €28.20 and last traded at €28.06. Approximately 139,592 shares were traded during trading, a decline of 56% from the average daily volume of 315,722 shares. The stock had previously closed at €27.88.

United Internet Stock Performance

The stock has a market capitalization of $4.82 billion, a price-to-earnings ratio of -2,718.97, a price-to-earnings-growth ratio of 0.85 and a beta of 0.59. The company has a debt-to-equity ratio of 71.49, a current ratio of 0.94 and a quick ratio of 0.62. The stock has a 50-day moving average of €27.79 and a 200 day moving average of €26.96.

About United Internet

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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