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

Fresenius Medical Care AG (ETR:FME) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €37.03 ($40.25) and traded as high as €37.35 ($40.60). Fresenius Medical Care shares last traded at €35.36 ($38.43), with a volume of 732,943 shares changing hands.

Fresenius Medical Care Stock Performance

The firm has a fifty day moving average of €36.90 and a 200-day moving average of €37.04. The company has a quick ratio of 0.80, a current ratio of 1.46 and a debt-to-equity ratio of 77.56. The firm has a market cap of $10.66 billion, a P/E ratio of 19.84, a PEG ratio of 0.42 and a beta of 0.86.

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.