freenet AG (OTCMKTS:FRTAF – Get Free Report)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $40.00 and last traded at $40.00, with a volume of 100 shares changing hands. The stock had previously closed at $26.87.
Wall Street Analyst Weigh In
FRTAF has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of freenet in a research note on Friday, March 7th. UBS Group downgraded shares of freenet from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 14th. Finally, The Goldman Sachs Group downgraded shares of freenet from a “hold” rating to a “strong sell” rating in a research report on Monday, December 9th.
Get Our Latest Analysis on freenet
freenet Trading Up 48.9 %
freenet Company Profile
freenet AG provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors 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 network operators; planning, set up, installation, and maintenance services for WiFi networks; and selling and distribution of mobile devices, as well as offers additional services for mobile data communications and digital lifestyle.
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