United Internet (ETR:UTDI) Shares Up 2.2% – Here’s Why

United Internet AG (ETR:UTDI) shares were up 2.2% on Monday . The company traded as high as €27.12 and last traded at €26.90. Approximately 243,985 shares were traded during trading, a decline of 23% from the average daily volume of 315,722 shares. The stock had previously closed at €26.32.

United Internet Price Performance

The stock has a market cap of $4.62 billion, a P/E ratio of -2,606.56, a price-to-earnings-growth ratio of 0.85 and a beta of 0.54. The company has a current ratio of 0.67, a quick ratio of 0.62 and a debt-to-equity ratio of 96.32. The company’s fifty day simple moving average is €27.29 and its 200-day simple moving average is €27.06.

United Internet Company Profile

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.