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MLP (ETR:MLP) Share Price Crosses Above Two Hundred Day Moving Average - Here's Why

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MLP SE (ETR:MLP - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €6.14 ($6.67) and traded as high as €6.98 ($7.59). MLP shares last traded at €6.80 ($7.39), with a volume of 77,989 shares.

MLP Stock Up 0.4 %

The firm has a market capitalization of $759.63 million, a price-to-earnings ratio of 11.77, a P/E/G ratio of 1.55 and a beta of 0.95. The company has a quick ratio of 98.06, a current ratio of 232.94 and a debt-to-equity ratio of 543.55. The company's 50 day moving average price is €6.68 and its 200 day moving average price is €6.16.

About MLP

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MLP SE, together with its subsidiaries, provides financial services to private, corporate, and institutional clients in Germany. The company operates through Financial Consulting, Banking, FERI, DOMCURA, Industrial Broker, and Deutschland.Immobilien segments. The Financial Consulting segment offers consulting services for academics and other clients related to insurance, investments, occupational pension provision schemes, and loans and mortgages, as well as the brokering of contracts in financial services.

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