Beiersdorf Aktiengesellschaft (ETR:BEI) Share Price Breaks Below 200 Day Moving Average – Here’s What Happened

Beiersdorf Aktiengesellschaft (ETR:BEI)’s stock price crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of €80.68 and traded as low as €79.14. Beiersdorf Aktiengesellschaft shares last traded at €80.34, with a volume of 572,376 shares.

Beiersdorf Aktiengesellschaft Stock Down 0.1%

The company has a current ratio of 2.00, a quick ratio of 0.92 and a debt-to-equity ratio of 3.42. The company has a market capitalization of $18.05 billion, a P/E ratio of 19.32, a PEG ratio of 1.97 and a beta of 0.47. The firm’s 50 day moving average price is €78.23 and its two-hundred day moving average price is €80.54.

Beiersdorf Aktiengesellschaft Company Profile

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.