Fresenius Medical Care (ETR:FME) Shares Cross Above 200 Day Moving Average – Should You Sell?

Shares of Fresenius Medical Care AG (ETR:FMEGet Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €36.90 ($40.11) and traded as high as €39.01 ($42.40). Fresenius Medical Care shares last traded at €38.77 ($42.14), with a volume of 342,136 shares trading hands.

Fresenius Medical Care Stock Performance

The firm’s 50-day simple moving average is €36.48 and its two-hundred day simple moving average is €36.93. The stock has a market capitalization of $11.60 billion, a PE ratio of 21.85, a PEG 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.

About Fresenius Medical Care

(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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