Beiersdorf Aktiengesellschaft (ETR:BEI) Share Price Crosses Above 200 Day Moving Average – Here’s Why

Beiersdorf Aktiengesellschaft (ETR:BEIGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €127.53 ($138.62) and traded as high as €134.15 ($145.82). Beiersdorf Aktiengesellschaft shares last traded at €131.55 ($142.99), with a volume of 360,413 shares changing hands.

Beiersdorf Aktiengesellschaft Price Performance

The company has a market capitalization of $29.34 billion, a PE ratio of 40.19, a PEG ratio of 1.97 and a beta of 0.30. The company has a debt-to-equity ratio of 6.64, a current ratio of 1.69 and a quick ratio of 0.92. The firm has a 50-day moving average of €128.97 and a 200 day moving average of €127.53.

Beiersdorf Aktiengesellschaft Company Profile

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Beiersdorf Aktiengesellschaft, together with its subsidiaries, manufactures and distributes consumer goods in Europe, the Americas, Africa, Asia, and Australia. It operates in two segments, Consumer Business and Tesa Business. The Consumer Business Segment offers skin and body care products. The Tesa Business segment provides adhesive tapes and self-adhesive solutions for industries, craft businesses, and consumers.

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