Fresenius Medical Care (ETR:FME) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Fresenius Medical Care AG (ETR:FMEGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €43.53 and traded as low as €39.73. Fresenius Medical Care shares last traded at €40.22, with a volume of 768,467 shares changing hands.

Fresenius Medical Care Trading Down 2.6%

The business has a fifty day moving average of €41.06 and a 200-day moving average of €43.53. The company has a debt-to-equity ratio of 82.24, a quick ratio of 0.80 and a current ratio of 1.37. The company has a market capitalization of $11.58 billion, a P/E ratio of 17.58, a PEG ratio of 0.42 and a beta of 0.86.

About Fresenius Medical Care

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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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