Fresenius Medical Care (ETR:FME) Shares Cross Below 200-Day Moving Average – Time to Sell?

Shares of Fresenius Medical Care AG (ETR:FMEGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €45.64 ($53.07) and traded as low as €45.27 ($52.64). Fresenius Medical Care shares last traded at €45.72 ($53.16), with a volume of 239,109 shares.

Fresenius Medical Care Stock Performance

The firm has a market capitalization of $13.67 billion, a PE ratio of 20.75, a price-to-earnings-growth ratio of 0.42 and a beta of 0.86. The company has a debt-to-equity ratio of 82.24, a quick ratio of 0.80 and a current ratio of 1.37. The company’s fifty day moving average price is €43.16 and its two-hundred day moving average price is €45.64.

About Fresenius Medical Care

(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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