freenet AG (FRA:FNTN – Get Free Report) shares dropped 0.5% on Wednesday . The company traded as low as €25.44 ($27.35) and last traded at €25.60 ($27.53). Approximately 668,800 shares were traded during trading, The stock had previously closed at €25.74 ($27.68).
freenet Price Performance
The company’s 50-day simple moving average is €26.01 and its 200-day simple moving average is €25.37.
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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