Fresenius Medical Care (ETR:FME) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened
Fresenius Medical Care (ETR:FME) shares have surpassed their 200-day moving average, trading at €44.07 ($47.90) with a volume of 465,526 shares. The stock has a market capitalization of $13.39 billion and a P/E ratio of 20.32. The company specializes in dialysis services for renal disease patients globally. Despite the positive movement, analysts currently rate the stock as a Hold, suggesting there are better investment options available.
Fresenius Medical Care AG (ETR:FME - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €41.84 ($45.48) and traded as high as €44.45 ($48.32). Fresenius Medical Care shares last traded at €44.07 ($47.90), with a volume of 465,526 shares.
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Fresenius Medical Care Trading Up 1.5 %
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 stock has a market capitalization of $13.39 billion, a P/E ratio of 20.32, a price-to-earnings-growth ratio of 0.42 and a beta of 0.86. The business has a 50 day simple moving average of €45.29 and a 200-day simple moving average of €41.86.
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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