Drägerwerk AG & Co. KGaA (ETR:DRW3) Trading 1.5% Higher – What’s Next?

Shares of Drägerwerk AG & Co. KGaA (ETR:DRW3) shot up 1.5% during mid-day trading on Thursday . The company traded as high as €62.90 ($67.63) and last traded at €62.50 ($67.20). 28,856 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 33,804 shares. The stock had previously closed at €61.60 ($66.24).

Drägerwerk AG & Co. KGaA Trading Up 1.5 %

The company has a debt-to-equity ratio of 20.57, a current ratio of 1.89 and a quick ratio of 0.81. The stock’s 50 day moving average is €56.48 and its 200-day moving average is €49.56. The company has a market capitalization of $1.09 billion, a P/E ratio of 10.34, a P/E/G ratio of 1.24 and a beta of -0.31.

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.