Fresenius Medical Care (ETR:FME) Stock Crosses Above 200-Day Moving Average – What’s Next?

Shares of Fresenius Medical Care AG (ETR:FME) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €41.84 ($45.98) and traded as high as €44.45 ($48.85). Fresenius Medical Care shares last traded at €44.07 ($48.43), with a volume of 465,526 shares trading hands.

Fresenius Medical Care Trading Up 1.3 %

The stock has a 50-day moving average of €45.28 and a two-hundred day moving average of €41.84. The company has a market cap of $13.20 billion, a P/E ratio of 20.03, a price-to-earnings-growth ratio of 0.42 and a beta of 0.86. The company has a debt-to-equity ratio of 82.24, a quick ratio of 0.80 and a current ratio of 1.37.

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.