United Internet (ETR:UTDI) Trading Up 2.8% - Should You Buy?

Key Points

• United Internet AG's stock rose by 2.8% on Friday, trading at around €25.88 ($30.09), with a notable increase in trading volume by 11% compared to its average.
• The company has a market cap of $4.45 billion and a PE ratio of -2,507.73, indicating potential volatility in earnings.
• United Internet operates as an Internet service provider offering a range of telecommunication products and services, including broadband and mobile internet solutions.

United Internet AG (ETR:UTDI - Get Free Report)'s share price traded up 2.8% during trading on Friday . The company traded as high as €25.92 ($30.14) and last traded at €25.88 ($30.09). 349,939 shares were traded during mid-day trading, an increase of 11% from the average session volume of 315,722 shares. The stock had previously closed at €25.18 ($29.28).

United Internet Trading Down 4.1%

The stock has a market cap of $4.29 billion, a price-to-earnings ratio of -2,422.46, a P/E/G ratio of 0.85 and a beta of 0.59. The business's fifty day simple moving average is €24.66 and its 200 day simple moving average is €20.89. The company has a debt-to-equity ratio of 57.46, a current ratio of 0.94 and a quick ratio of 0.62.

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.