United Internet (ETR:UTDI) Stock Price Down 9% – Here’s Why

United Internet AG (ETR:UTDI) shares traded down 9% on Monday . The company traded as low as €14.83 ($15.45) and last traded at €15.15 ($15.78). 1,351,011 shares changed hands during mid-day trading, an increase of 328% from the average session volume of 315,722 shares. The stock had previously closed at €16.64 ($17.33).

United Internet Price Performance

The stock has a 50 day moving average of €15.59 and a two-hundred day moving average of €17.25. The stock has a market cap of $2.75 billion, a PE ratio of -1,548.43, a PEG ratio of 0.85 and a beta of 0.59. The company has a debt-to-equity ratio of 57.46, a quick ratio of 0.62 and a current ratio of 0.94.

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.