freenet (FRA:FNTN) Stock Price Up 1.5% – Still a Buy?

freenet AG (FRA:FNTNGet Free Report)’s share price shot up 1.5% during trading on Friday . The company traded as high as €33.26 and last traded at €33.26. 370,929 shares changed hands during mid-day trading, The stock had previously closed at €32.78.

freenet Price Performance

The business’s fifty day moving average price is €29.67 and its two-hundred day moving average price is €28.37.

About freenet

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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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