United Internet (OTCMKTS:UDIRF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Friday, March 9th.
According to Zacks, “United Internet AG is an Internet service provider. It engaged in product management, development and data centers. United Internet AG is based in Montabaur, Germany. “
UDIRF traded down $4.75 during midday trading on Friday, reaching $63.20. 900 shares of the company’s stock traded hands, compared to its average volume of 325. United Internet has a 52 week low of $60.85 and a 52 week high of $72.35. The firm has a market capitalization of $12,956.00, a price-to-earnings ratio of 26.78 and a beta of 0.49.
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About United Internet
United Internet AG, through its subsidiaries, operates as an Internet service provider. It operates in two segments, Access and Applications. The Access segment offers landline and mobile Internet access products, as well as related applications, including home networks, online storage, telephony, video-on-demand, or IPTV to home users and small firms; data and network solutions for small and medium-sized companies; and infrastructure services for large corporations under the GMX, WEB.DE, and 1&1 brands.
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