United Internet (ETR:UTDI) Share Price Crosses Above 200-Day Moving Average – Here’s Why

United Internet AG (ETR:UTDI)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €17.18 ($18.47) and traded as high as €18.33 ($19.71). United Internet shares last traded at €17.61 ($18.94), with a volume of 375,314 shares changing hands.

United Internet Stock Performance

The company has a market cap of $3.17 billion, a price-to-earnings ratio of -1,786.80, a PEG ratio of 0.85 and a beta of 0.59. The company has a quick ratio of 0.62, a current ratio of 0.94 and a debt-to-equity ratio of 57.46. The stock has a 50 day simple moving average of €15.81 and a 200 day simple moving average of €17.18.

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.