Freenet (OTCMKTS:FRTAF – Get Free Report) will likely be announcing its results after the market closes on Wednesday, February 25th. Analysts expect the company to announce earnings of $0.7450 per share and revenue of $625.8830 million for the quarter.
Freenet Stock Performance
Shares of OTCMKTS FRTAF opened at $35.41 on Monday. The company has a current ratio of 0.68, a quick ratio of 0.64 and a debt-to-equity ratio of 0.14. Freenet has a 12-month low of $30.78 and a 12-month high of $35.41. The firm has a market capitalization of $4.21 billion, a price-to-earnings ratio of 18.44 and a beta of -0.10. The firm has a 50 day moving average of $33.37 and a 200 day moving average of $33.31.
Analysts Set New Price Targets
A number of analysts have commented on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Freenet in a research report on Wednesday, January 21st. UBS Group lowered shares of Freenet from a “buy” rating to a “sell” rating in a report on Wednesday. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce”.
About Freenet
Freenet AG is a Germany-based telecommunications and digital services provider offering a broad portfolio of consumer and business solutions. The company specializes in distributing mobile communications services, including contract and prepaid offerings from major network operators, as well as providing broadband internet access, cable and IPTV television, and related hardware such as routers and set-top boxes. Through its digital lifestyle segment, Freenet AG also delivers value-added services and digital content, ranging from music and video streaming to online gaming and e-books.
In its mobile communications division, Freenet AG acts as a sales and service partner for leading German network operators, managing customer acquisition, billing, and technical support.
Featured Articles
- Five stocks we like better than Freenet
- The gold chart Wall Street is terrified of…
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- This $15 Stock Could Go Down as the #1 Stock of 2026
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
Receive News & Ratings for Freenet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Freenet and related companies with MarketBeat.com's FREE daily email newsletter.
