Fresenius Medical Care (ETR:FME) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Fresenius Medical Care AG (ETR:FMEGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €39.78 and traded as high as €40.28. Fresenius Medical Care shares last traded at €40.03, with a volume of 653,445 shares changing hands.

Fresenius Medical Care Stock Down 0.8%

The stock has a market capitalization of $11.44 billion, a price-to-earnings ratio of 17.36, a P/E/G ratio of 0.42 and a beta of 0.94. The company has a debt-to-equity ratio of 87.31, a quick ratio of 0.80 and a current ratio of 1.07. The firm’s fifty day simple moving average is €41.18 and its 200 day simple moving average is €39.77.

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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