Fresenius Medical Care (ETR:FME) Stock Passes Above 200 Day Moving Average of $36.15

Fresenius Medical Care AG (ETR:FME) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €36.15 ($38.87) and traded as high as €38.35 ($41.24). Fresenius Medical Care shares last traded at €37.43 ($40.25), with a volume of 1,303,398 shares.

Fresenius Medical Care Trading Up 3.3 %

The company has a market cap of $11.35 billion, a price-to-earnings ratio of 22.02, a price-to-earnings-growth ratio of 0.40 and a beta of 0.94. The company’s fifty day moving average price is €36.37 and its two-hundred day moving average price is €36.15. The company has a quick ratio of 0.80, a current ratio of 1.42 and a debt-to-equity ratio of 81.28.

About Fresenius Medical Care

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.