Drägerwerk AG & Co. KGaA (ETR:DRW3) Stock Crosses Above 200-Day Moving Average – Here’s Why

Drägerwerk AG & Co. KGaA (ETR:DRW3Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €48.13 ($51.75) and traded as high as €56.50 ($60.75). Drägerwerk AG & Co. KGaA shares last traded at €55.00 ($59.14), with a volume of 9,673 shares traded.

Drägerwerk AG & Co. KGaA Price Performance

The stock’s 50 day moving average is €52.71 and its two-hundred day moving average is €48.13. The stock has a market capitalization of $977.84 million, a PE ratio of 9.28, a price-to-earnings-growth ratio of 1.24 and a beta of -0.31. The company has a debt-to-equity ratio of 20.57, a quick ratio of 0.81 and a current ratio of 1.89.

About Drägerwerk AG & Co. KGaA

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Drägerwerk AG & Co KGaA operates as a medical and safety technology company worldwide. It develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency medicine, perioperative care, intensive care, and perinatal medicine. The company also develops, produces, and markets products, system solutions, and services for personal protection, gas detection technology, and integrated hazard management to customers in industry and mining sectors, as well as public sectors, such as fire departments, police, and disaster protection.

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