United Internet (ETR:UTDI) Shares Up 8% – What’s Next?

United Internet AG (ETR:UTDI) shares rose 8% during mid-day trading on Friday . The company traded as high as €28.32 and last traded at €28.32. Approximately 252,000 shares changed hands during trading, a decline of 20% from the average daily volume of 315,722 shares. The stock had previously closed at €26.22.

United Internet Stock Up 1.1%

The firm has a market capitalization of $4.92 billion, a price-to-earnings ratio of -2,773.23, a price-to-earnings-growth ratio of 0.85 and a beta of 0.59. The business has a 50 day moving average of €26.55 and a 200 day moving average of €26.48. The company has a debt-to-equity ratio of 57.46, a current ratio of 0.94 and a quick ratio of 0.62.

United Internet Company Profile

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.