United Internet (ETR:UTDI) Trading Down 1.7% – Here’s Why

Shares of United Internet AG (ETR:UTDIGet Free Report) were down 1.7% on Thursday . The stock traded as low as €18.71 ($20.34) and last traded at €18.95 ($20.60). Approximately 174,873 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 315,722 shares. The stock had previously closed at €19.27 ($20.95).

United Internet Stock Performance

The company has a market capitalization of $3.28 billion, a P/E ratio of 126.33, a price-to-earnings-growth ratio of 0.85 and a beta of 0.59. The firm has a 50 day moving average price of €19.04 and a two-hundred day moving average price of €20.28. The company has a debt-to-equity ratio of 51.92, a quick ratio of 0.62 and a current ratio of 1.07.

About United Internet

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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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