Fresenius Medical Care (ETR:FME) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Fresenius Medical Care AG (ETR:FME) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €39.10 ($40.73) and traded as high as €47.00 ($48.96). Fresenius Medical Care shares last traded at €46.65 ($48.59), with a volume of 346,673 shares.

Fresenius Medical Care Trading Up 0.3 %

The company has a market capitalization of $13.73 billion, a price-to-earnings ratio of 25.85, a P/E/G ratio of 0.42 and a beta of 0.86. The company has a current ratio of 1.46, a quick ratio of 0.80 and a debt-to-equity ratio of 77.56. The business’s 50 day moving average price is €43.87 and its two-hundred day moving average price is €39.10.

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.