United Internet (OTCMKTS:UDIRF) Hits New 1-Year Low at $32.61

United Internet AG (OTCMKTS:UDIRFGet Rating)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as $32.61 and last traded at $32.61, with a volume of 1194 shares trading hands. The stock had previously closed at $32.61.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on UDIRF shares. UBS Group reduced their target price on shares of United Internet from €36.00 ($37.11) to €33.00 ($34.02) in a report on Friday, April 29th. Societe Generale cut their price target on shares of United Internet from €45.00 ($46.39) to €40.00 ($41.24) in a report on Wednesday, May 11th.

United Internet Price Performance

The company has a market capitalization of $6.11 billion, a PE ratio of 15.83 and a beta of 0.57. The stock’s fifty day simple moving average is $32.61 and its 200-day simple moving average is $35.76.

About United Internet

(Get Rating)

United Internet AG, through its subsidiaries, operates as an Internet service provider. 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.

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