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Fresenius Medical Care (ETR:FME) Stock Crosses Above 200 Day Moving Average - Time to Sell?

Fresenius Medical Care logo with Medical background

Fresenius Medical Care AG (ETR:FME - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €42.56 ($46.77) and traded as high as €45.73 ($50.25). Fresenius Medical Care shares last traded at €45.57 ($50.08), with a volume of 408,811 shares trading hands.

Fresenius Medical Care Price Performance

The firm has a 50 day moving average price of €45.35 and a two-hundred day moving average price of €42.78. The company has a market cap of $12.47 billion, a P/E ratio of 18.93, 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.

About Fresenius Medical Care

(Get Free Report)

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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