Fresenius Medical Care (ETR:FME) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Fresenius Medical Care AG (ETR:FME)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €45.71 ($53.15) and traded as high as €47.86 ($55.65). Fresenius Medical Care shares last traded at €47.00 ($54.65), with a volume of 395,337 shares.

Fresenius Medical Care Stock Performance

The business has a fifty day simple moving average of €43.51 and a two-hundred day simple moving average of €45.71. The company has a debt-to-equity ratio of 82.24, a current ratio of 1.37 and a quick ratio of 0.80. The company has a market cap of $13.61 billion, a PE ratio of 20.66, a price-to-earnings-growth ratio of 0.42 and a beta of 0.86.

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.