Fresenius Medical Care (ETR:FME) Sets New 1-Year High – What’s Next?

Shares of Fresenius Medical Care AG (ETR:FMEGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as €42.81 ($45.06) and last traded at €41.97 ($44.18), with a volume of 341750 shares changing hands. The stock had previously closed at €43.00 ($45.26).

Fresenius Medical Care Price Performance

The company has a market capitalization of $12.48 billion, a price-to-earnings ratio of 23.19, a price-to-earnings-growth ratio of 0.42 and a beta of 0.86. The company has a quick ratio of 0.80, a current ratio of 1.46 and a debt-to-equity ratio of 77.56. The company has a 50 day simple moving average of €38.47 and a 200 day simple moving average of €37.37.

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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