freenet AG (FRA:FNTN – Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of €24.11 and traded as low as €23.94. freenet shares last traded at €23.94, with a volume of 313,444 shares trading hands.
freenet Stock Up 1.7%
The firm has a fifty day moving average of €24.11 and a two-hundred day moving average of €26.44.
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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