Beiersdorf Aktiengesellschaft (ETR:BEI) Shares Cross Below 200 Day Moving Average – Here’s Why

Beiersdorf Aktiengesellschaft (ETR:BEI) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €84.81 and traded as low as €71.54. Beiersdorf Aktiengesellschaft shares last traded at €71.60, with a volume of 959,071 shares changing hands.

Beiersdorf Aktiengesellschaft Stock Performance

The business’s 50-day simple moving average is €71.92 and its two-hundred day simple moving average is €84.81. The company has a quick ratio of 0.92, a current ratio of 1.90 and a debt-to-equity ratio of 2.52. The firm has a market cap of $15.91 billion, a price-to-earnings ratio of 21.78, a P/E/G ratio of 1.97 and a beta of 0.48.

Beiersdorf Aktiengesellschaft Company Profile

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.