United Internet (ETR:UTDI) Share Price Crosses Below 50-Day Moving Average – Here’s Why

United Internet AG (ETR:UTDI)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of €25.92 and traded as low as €23.10. United Internet shares last traded at €23.50, with a volume of 128,746 shares trading hands.

United Internet Price Performance

The stock has a fifty day moving average of €25.92 and a two-hundred day moving average of €26.94. The stock has a market cap of $4.04 billion, a price-to-earnings ratio of -2,279.05, a price-to-earnings-growth ratio of 0.85 and a beta of 0.47. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 71.74.

About United Internet

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.