United Internet (ETR:UTDI) Trading Up 2.8% - Here's What Happened

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 - ) was up 2.8% during trading on Friday . The stock traded as high as €25.92 ($30.14) and last traded at €25.88 ($30.09). Approximately 349,939 shares changed hands during trading, an increase of 11% from the average daily volume of 315,722 shares. The stock had previously closed at €25.18 ($29.28).

United Internet Stock Up 2.8%

The stock has a market cap of $4.45 billion, a PE ratio of -2,507.73, a price-to-earnings-growth ratio of 0.85 and a beta of 0.59. The company has a debt-to-equity ratio of 57.46, a quick ratio of 0.62 and a current ratio of 0.94. The company's 50-day moving average price is €24.54 and its 200 day moving average price is €20.70.

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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