freenet AG

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freenet AG (FRTAY) Price Performance

freenet AG (FRTAY) trades on United States in USD. The company is classified in the Communication Services sector under the Telecom Services industry. The stock currently trades at $15.95, up 6.26% from the previous close.

Over the past year, FRTAY has traded between a low of $15.00 and a high of $20.58. The stock has lost 22.5% over this period. It is currently 22.5% below its 52-week high.

freenet AG has a market capitalization of $4.25B, with a price-to-earnings ratio of 14.08.

About freenet AG

freenet AG provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors 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 network operators; planning, set up, installation, and maintenance services for WiFi networks; and selling and distribution of mobile devices, as well as offers additional services for mobile data communications and digital lifestyle. This segment also provides network-independent services and tariffs; tariffs of the network operators on the basis of the network operator contracts; and freenet Internet, an app-based Internet product. The TV and Media segment is involved in the planning, project management, construction, operation, service, and marketing services for broadcast-related solutions for business clients in the broadcasting and media sectors; and the provision of services to end users in the field of DVB-T2 and IPTV. The Other/Holding segment offers portal services, such as e-commerce/advertising services; payment services; various digital products and entertainment formats for downloading and displaying, as well as use on mobile devices; communication development solutions, IT services, and other services; narrowband voice services; data services; and distribution services. freenet AG was formerly known as telunico holding AG and changed its name to freenet AG in March 2005. The company was incorporated in 2005 and is headquartered in Büdelsdorf, Germany.