Drägerwerk AG & Co. KGaA (ETR:DRW3) Stock Crosses Above 50-Day Moving Average – Here’s Why

Shares of Drägerwerk AG & Co. KGaA (ETR:DRW3) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of €89.02 and traded as high as €91.00. Drägerwerk AG & Co. KGaA shares last traded at €90.40, with a volume of 13,739 shares traded.

Drägerwerk AG & Co. KGaA Trading Down 0.7%

The business has a fifty day moving average price of €89.02 and a 200-day moving average price of €76.85. The company has a quick ratio of 0.81, a current ratio of 2.03 and a debt-to-equity ratio of 24.91. The company has a market cap of $1.58 billion, a P/E ratio of 14.96, a PEG ratio of 1.24 and a beta of 0.69.

About Drägerwerk AG & Co. KGaA

Drägerwerk AG & Co KGaA operates as a medical and safety technology company worldwide. It develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency medicine, perioperative care, intensive care, and perinatal medicine. The company also develops, produces, and markets products, system solutions, and services for personal protection, gas detection technology, and integrated hazard management to customers in industry and mining sectors, as well as public sectors, such as fire departments, police, and disaster protection.