Fresenius Medical Care (ETR:FME) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Fresenius Medical Care AG (ETR:FMEGet Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €38.44 ($39.22) and traded as high as €44.15 ($45.05). Fresenius Medical Care shares last traded at €43.51 ($44.40), with a volume of 458,800 shares traded.

Fresenius Medical Care Trading Up 1.2 %

The business’s 50 day simple moving average is €42.76 and its 200 day simple moving average is €38.49. The stock has a market cap of $12.93 billion, a price-to-earnings ratio of 24.35, a PEG ratio of 0.42 and a beta of 0.86. The company has a quick ratio of 0.80, a current ratio of 1.46 and a debt-to-equity ratio of 77.56.

Fresenius Medical Care Company Profile

(Get Free Report)

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.

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