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

Fresenius Medical Care AG (ETR:FME)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €40.89 ($42.59) and traded as high as €45.92 ($47.83). Fresenius Medical Care shares last traded at €45.56 ($47.46), with a volume of 509,562 shares changing hands.

Fresenius Medical Care Trading Up 1.8 %

The firm has a 50-day moving average of €45.14 and a 200-day moving average of €40.89. The company has a debt-to-equity ratio of 82.24, a quick ratio of 0.80 and a current ratio of 1.37. The firm has a market capitalization of $13.72 billion, a P/E ratio of 20.82, a price-to-earnings-growth ratio of 0.42 and a beta of 0.86.

Fresenius Medical Care Company Profile

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.