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

by · The Markets Daily

Fresenius Medical Care AG (ETR:FME – Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €39.10 and traded as high as €41.42. Fresenius Medical Care shares last traded at €41.15, with a volume of 1,295,024 shares.

Fresenius Medical Care Stock Up 2.6%

The company has a market capitalization of $12.17 billion, a PE ratio of 18.47, a PEG ratio of 0.42 and a beta of 0.81. The company has a current ratio of 1.20, a quick ratio of 0.80 and a debt-to-equity ratio of 83.29. The business has a fifty day moving average of €38.60 and a 200 day moving average of €39.10.

About Fresenius Medical Care

(Get Free Report)

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.

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