United Internet AG (ETR:UTDI – Get Free Report) dropped 2.7% on Wednesday . The company traded as low as €26.20 and last traded at €26.48. Approximately 224,882 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 315,722 shares. The stock had previously closed at €27.22.
United Internet Stock Performance
The company has a market capitalization of $4.51 billion, a price-to-earnings ratio of -2,542.61, a PEG ratio of 0.85 and a beta of 0.47. The stock has a fifty day moving average price of €27.06 and a two-hundred day moving average price of €27.05. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 71.74.
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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