freenet (FRA:FNTN) Trading 0.7% Higher – Time to Buy?

freenet AG (FRA:FNTNGet Free Report) shot up 0.7% during mid-day trading on Monday . The company traded as high as €24.44 and last traded at €24.42. 232,147 shares were traded during trading, The stock had previously closed at €24.26.

freenet Price Performance

The stock has a 50 day moving average of €24.64 and a 200 day moving average of €27.10.

About freenet

(Get Free Report)

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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