freenet (OTCMKTS:FRTAF) Hits New 12-Month Low at $23.20

freenet AG (OTCMKTS:FRTAF) hit a new 52-week low on Tuesday . The stock traded as low as $23.20 and last traded at $23.20, with a volume of 0 shares. The stock had previously closed at $23.20.

FRTAF has been the topic of several research analyst reports. Barclays reissued an “overweight” rating on shares of freenet in a research note on Monday, May 10th. DZ Bank restated a “buy” rating on shares of freenet in a research report on Thursday, May 6th.

The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 0.98. The stock has a market cap of $2.97 billion, a PE ratio of 12.08 and a beta of 0.42. The stock has a 50-day moving average of $23.70.

About freenet (OTCMKTS:FRTAF)

freenet AG provides telecommunication, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services in Germany. It provides a portfolio of services and products primarily in the area of mobile voice and data services. The Mobile Communications segment engages in distribution and sales of mobile communications devices, and additional services, such as marketing and digital lifestyle; mobile phone accessories, home entertainment, which includes music and video offering, and services, applications, and devices connected to internet; and offers mobile tariff portfolio, which comprises Telekom, Vodafone, and Telefonica Deutschland.

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