Fresenius Medical Care (ETR:FME) Stock Passes Below 200 Day Moving Average – Here’s Why

Fresenius Medical Care AG (ETR:FME) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €40.78 and traded as low as €38.77. Fresenius Medical Care shares last traded at €39.57, with a volume of 741,517 shares changing hands.

Fresenius Medical Care Trading Down 0.4%

The company has a debt-to-equity ratio of 102.95, a current ratio of 1.26 and a quick ratio of 0.80. The firm has a market capitalization of $11.66 billion, a PE ratio of 17.69, a P/E/G ratio of 0.42 and a beta of 0.94. The company’s fifty day simple moving average is €39.49 and its 200-day simple moving average is €40.78.

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.