Drägerwerk AG & Co. KGaA (ETR:DRW3) Stock Crosses Above 200-Day Moving Average – Here’s Why

Drägerwerk AG & Co. KGaA (ETR:DRW3)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €48.13 ($51.75) and traded as high as €56.50 ($60.75). Drägerwerk AG & Co. KGaA shares last traded at €55.00 ($59.14), with a volume of 9,673 shares trading hands.

Drägerwerk AG & Co. KGaA Trading Up 2.0 %

The company has a market capitalization of $977.84 million, a PE ratio of 9.28, a PEG ratio of 1.24 and a beta of -0.31. The company has a fifty day simple moving average of €52.71 and a 200-day simple moving average of €48.13. The company has a current ratio of 1.89, a quick ratio of 0.81 and a debt-to-equity ratio of 20.57.

About Drägerwerk AG & Co. KGaA

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.