Beiersdorf Aktiengesellschaft (ETR:BEI) Shares Pass Below 200-Day Moving Average – What’s Next?

Beiersdorf Aktiengesellschaft (ETR:BEIGet Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €84.09 and traded as low as €74.44. Beiersdorf Aktiengesellschaft shares last traded at €75.22, with a volume of 304,025 shares trading hands.

Beiersdorf Aktiengesellschaft Stock Performance

The company has a market capitalization of $16.83 billion, a price-to-earnings ratio of 23.05, a price-to-earnings-growth ratio of 1.97 and a beta of 0.48. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.92 and a current ratio of 1.90. The company’s fifty day simple moving average is €71.65 and its two-hundred day simple moving average is €84.09.

About Beiersdorf Aktiengesellschaft

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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.

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