Drägerwerk AG & Co. KGaA (ETR:DRW3) Stock Price Up 2.5% – Still a Buy?

Drägerwerk AG & Co. KGaA (ETR:DRW3) shares shot up 2.5% during mid-day trading on Tuesday . The stock traded as high as €70.10 and last traded at €70.10. 8,968 shares traded hands during trading, a decline of 73% from the average session volume of 33,804 shares. The stock had previously closed at €68.40.

Drägerwerk AG & Co. KGaA Stock Up 2.5%

The company has a quick ratio of 0.81, a current ratio of 1.89 and a debt-to-equity ratio of 20.57. The company has a 50-day simple moving average of €69.07 and a two-hundred day simple moving average of €68.35. The stock has a market cap of $1.22 billion, a P/E ratio of 11.60, a P/E/G ratio of 1.24 and a beta of -0.31.

About Drägerwerk AG & Co. KGaA

Drägerwerk AG & Co KGaA operates as a medical and safety technology company worldwide. It develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency medicine, perioperative care, intensive care, and perinatal medicine. The company also develops, produces, and markets products, system solutions, and services for personal protection, gas detection technology, and integrated hazard management to customers in industry and mining sectors, as well as public sectors, such as fire departments, police, and disaster protection.