Fresenius Medical Care (ETR:FME) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Fresenius Medical Care AG (ETR:FMEGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €39.04 and traded as high as €41.10. Fresenius Medical Care shares last traded at €41.03, with a volume of 606,370 shares traded.

Fresenius Medical Care Price Performance

The business’s 50 day moving average price is €38.33 and its two-hundred day moving average price is €39.04. The stock has a market cap of $12.20 billion, a P/E ratio of 18.51, a price-to-earnings-growth ratio of 0.42 and a beta of 0.82. The company has a current ratio of 1.20, a quick ratio of 0.80 and a debt-to-equity ratio of 83.29.

Fresenius Medical Care Company Profile

(Get Free Report)

Fresenius Medical Care AG provides dialysis and related services for individuals with renal diseases in Germany, North America, and internationally. The company offers dialysis treatment and related laboratory and diagnostic services through a network of outpatient dialysis clinics; materials, training, and patient support services comprising clinical monitoring, follow-up assistance, and arranging for delivery of the supplies to the patient’s residence; and dialysis services under contract to hospitals in the United States for the hospitalized end-stage renal disease (ESRD) patients and for patients suffering from acute kidney failure.

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