Beiersdorf Aktiengesellschaft (ETR:BEI) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Beiersdorf Aktiengesellschaft (ETR:BEIGet Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €83.36 and traded as low as €76.80. Beiersdorf Aktiengesellschaft shares last traded at €78.20, with a volume of 535,958 shares trading hands.

Beiersdorf Aktiengesellschaft Stock Down 1.4%

The firm’s 50 day simple moving average is €71.81 and its 200-day simple moving average is €83.36. The company has a debt-to-equity ratio of 2.52, a current ratio of 1.90 and a quick ratio of 0.92. The company has a market cap of $17.23 billion, a price-to-earnings ratio of 23.60, a P/E/G ratio of 1.97 and a beta of 0.48.

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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