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Fresenius Medical Care (ETR:FME) Stock Passes Above Two Hundred Day Moving Average - What's Next?

Published 2 months ago2 minute read

Fresenius Medical Care AG (ETR:FME - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €39.10 ($40.73) and traded as high as €47.00 ($48.96). Fresenius Medical Care shares last traded at €46.65 ($48.59), with a volume of 346,673 shares trading hands.

The business has a 50 day moving average of €43.87 and a two-hundred day moving average of €39.10. The firm has a market capitalization of $13.73 billion, a price-to-earnings ratio of 25.85, a P/E/G ratio of 0.42 and a beta of 0.86. The company has a debt-to-equity ratio of 77.56, a quick ratio of 0.80 and a current ratio of 1.46.

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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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