Beiersdorf Aktiengesellschaft (ETR:BEI) Stock Price Breaks Above 200-Day Moving Average – Here’s Why

Beiersdorf Aktiengesellschaft (ETR:BEI – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of €75.38 and traded as high as €76.92. Beiersdorf Aktiengesellschaft shares last traded at €76.46, with a volume of 249,791 shares.

Beiersdorf Aktiengesellschaft Trading Up 3.0%

The business has a 50-day moving average of €78.09 and a 200-day moving average of €75.33. The stock has a market capitalization of $17.47 billion, a price-to-earnings ratio of 23.92, a PEG ratio of 1.97 and a beta of 0.49. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.92 and a current ratio of 2.00.

About Beiersdorf Aktiengesellschaft

(Get Free Report)

Beiersdorf Aktiengesellschaft, together with its subsidiaries, manufactures and distributes consumer goods in Europe, the Americas, Africa, Asia, and Australia. It operates in two segments, Consumer Business and Tesa Business. The Consumer Business Segment offers skin and body care products. The Tesa Business segment provides adhesive tapes and self-adhesive solutions for industries, craft businesses, and consumers. This segment offers its system solutions to the automotive, electronics, printing and paper, and building and construction industries.

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