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

Shares of Fresenius Medical Care AG (ETR:FMEGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €39.04 and traded as high as €41.10. Fresenius Medical Care shares last traded at €41.03, with a volume of 606,370 shares.

Fresenius Medical Care Trading Up 0.9%

The company has a market cap of $12.23 billion, a price-to-earnings ratio of 18.57, a price-to-earnings-growth ratio of 0.42 and a beta of 0.82. The firm has a 50-day moving average price of €38.27 and a 200 day moving average price of €39.04. The company has a current ratio of 1.20, a quick ratio of 0.80 and a debt-to-equity ratio of 83.29.

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.

Read More

Receive News & Ratings for Fresenius Medical Care Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fresenius Medical Care and related companies with MarketBeat.com's FREE daily email newsletter.