Fresenius Medical Care (ETR:FME) Shares Pass Above 200-Day Moving Average - Here's What Happened

Fresenius Medical Care AG (ETR:FME - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €40.02 ($42.13) and traded as high as €47.21 ($49.69). Fresenius Medical Care shares last traded at €46.72 ($49.18), with a volume of 304,171 shares.

Fresenius Medical Care Stock Performance

The firm has a 50 day moving average of €45.24 and a 200-day moving average of €40.22. The stock has a market capitalization of $13.17 billion, a PE ratio of 19.99, a P/E/G 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.