United Internet (ETR:UTDI) Trading Up 3.4% – Here’s Why

United Internet AG (ETR:UTDI)’s stock price traded up 3.4% during trading on Thursday . The stock traded as high as €19.57 ($21.04) and last traded at €19.40 ($20.86). 727,417 shares were traded during trading, an increase of 130% from the average session volume of 315,722 shares. The stock had previously closed at €18.76 ($20.17).

United Internet Stock Performance

The company has a current ratio of 0.94, a quick ratio of 0.62 and a debt-to-equity ratio of 57.46. The stock’s 50 day moving average price is €17.08 and its 200 day moving average price is €17.21. The company has a market capitalization of $3.33 billion, a price-to-earnings ratio of -1,879.83, a P/E/G ratio of 0.85 and a beta of 0.59.

About United Internet

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.