Fresenius Medical Care (ETR:FME) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Fresenius Medical Care AG (ETR:FME)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €39.54 and traded as high as €42.40. Fresenius Medical Care shares last traded at €41.31, with a volume of 1,412,291 shares trading hands.

Fresenius Medical Care Trading Up 1.4%

The business’s 50 day simple moving average is €40.96 and its two-hundred day simple moving average is €39.54. The stock has a market cap of $12.38 billion, a P/E ratio of 18.79, a PEG ratio of 0.42 and a beta of 0.94. The company has a quick ratio of 0.80, a current ratio of 1.07 and a debt-to-equity ratio of 87.31.

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.