Drägerwerk AG & Co. KGaA (ETR:DRW3) Shares Break Above 50 Day Moving Average – Here’s Why

Drägerwerk AG & Co. KGaA (ETR:DRW3 – Get Free Report) crossed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of €109.94 and traded as high as €111.80. Drägerwerk AG & Co. KGaA shares last traded at €111.00, with a volume of 22,086 shares changing hands.

Drägerwerk AG & Co. KGaA Stock Up 0.9%

The company has a quick ratio of 0.81, a current ratio of 2.07 and a debt-to-equity ratio of 13.39. The company has a fifty day simple moving average of €109.94 and a 200-day simple moving average of €97.17. The firm has a market cap of $1.95 billion, a P/E ratio of 18.53, a price-to-earnings-growth ratio of 1.24 and a beta of 0.63.

Drägerwerk AG & Co. KGaA Company Profile

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Drägerwerk AG & Co. KGaA operates as a medical and safety technology company worldwide. It develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency medicine, perioperative care, intensive care, and perinatal medicine. The company also develops, produces, and markets products, system solutions, and services for personal protection, gas detection technology, and integrated hazard management to customers in industry and mining sectors, as well as public sectors, such as fire departments, police, and disaster protection.

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