Shares of Beiersdorf Aktiengesellschaft (ETR:BEI) Break Above 200-Day Moving Average – Here’s Why

Shares of Beiersdorf Aktiengesellschaft (ETR:BEI – Get Your Free Report ) moved above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €135.69 ($150.77) and traded as high as €135.85 ($150.94). Shares of Beiersdorf Aktiengesellschaft last traded at €134.25 ($149.17), with a volume of 162,205 shares changing hands.

The price performance of Beiersdorf Aktiengesellschaft

The firm has a 50-day simple moving average of €129.19 and a 200-day simple moving average of €135.68. The firm has a market cap of $29.78 billion, a PE ratio of 40.71, a PEG ratio of 2.01 and a beta of 0.30. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.69, and a quick ratio of 0.92.

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 offers adhesive tapes and self-adhesive solutions for industries, craft businesses and consumers.

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