freenet AG (FRA:FNTN – Get Free Report)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of €28.20 ($29.68) and traded as high as €28.66 ($30.17). freenet shares last traded at €28.36 ($29.85), with a volume of 174,839 shares trading hands.
freenet Stock Performance
The stock has a 50 day simple moving average of €28.20 and a 200-day simple moving average of €26.57.
freenet Company Profile
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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