Fresenius Medical Care (ETR:FME) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Fresenius Medical Care AG (ETR:FME) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €36.90 ($40.11) and traded as high as €39.01 ($42.40). Fresenius Medical Care shares last traded at €38.77 ($42.14), with a volume of 342,136 shares trading hands.

Fresenius Medical Care Stock Up 0.7 %

The company has a market capitalization of $11.45 billion, a PE ratio of 21.42, 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. The firm has a fifty day simple moving average of €36.38 and a 200-day simple moving average of €36.90.

About Fresenius Medical Care

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.