Fresenius Medical Care (ETR:FME) Share Price Crosses Above 200 Day Moving Average – Here’s Why

Fresenius Medical Care AG (ETR:FME)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €45.97 and traded as high as €47.54. Fresenius Medical Care shares last traded at €46.61, with a volume of 675,632 shares traded.

Fresenius Medical Care Stock Performance

The firm’s 50-day moving average price is €44.59 and its two-hundred day moving average price is €45.97. The firm has a market capitalization of $13.77 billion, a PE ratio of 20.89, a P/E/G ratio of 0.42 and a beta of 0.86. The company has a quick ratio of 0.80, a current ratio of 1.37 and a debt-to-equity ratio of 82.24.

Fresenius Medical Care Company Profile

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.