United Internet (ETR:UTDI) Stock Price Down 1.7% – Here’s What Happened

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

United Internet Stock Performance

The company’s 50-day moving average price is €19.05 and its two-hundred day moving average price is €20.26. The company has a market cap of $3.29 billion, a P/E ratio of 126.80, a price-to-earnings-growth ratio of 0.85 and a beta of 0.59. The company has a current ratio of 1.07, a quick ratio of 0.62 and a debt-to-equity ratio of 51.92.

United Internet Company Profile

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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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