freenet (FRA:FNTN) Shares Down 0.2% – Here’s Why

freenet AG (FRA:FNTNGet Free Report) shares traded down 0.2% during mid-day trading on Wednesday . The stock traded as low as €28.88 ($30.40) and last traded at €29.04 ($30.57). 217,284 shares changed hands during mid-day trading, The stock had previously closed at €29.10 ($30.63).

freenet Price Performance

The stock’s 50-day simple moving average is €27.57 and its 200 day simple moving average is €26.03.

freenet Company Profile

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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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