freenet AG (FRA:FNTN – Get Free Report) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of €24.45 and traded as low as €24.20. freenet shares last traded at €24.20, with a volume of 214,713 shares changing hands.
freenet Price Performance
The firm’s 50-day simple moving average is €24.45 and its 200-day simple moving average is €26.87.
freenet Company Profile
freenet AG provides telecommunications, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services 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 communications network operators; planning, construction, installation, and maintenance services for WiFi networks; and selling and distribution of mobile communications devices, as well as offers additional services for mobile data communications and digital lifestyle.
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