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

Beiersdorf Aktiengesellschaft (ETR:BEIGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €129.00 ($131.63) and traded as high as €130.10 ($132.76). Beiersdorf Aktiengesellschaft shares last traded at €128.10 ($130.71), with a volume of 266,392 shares.

Beiersdorf Aktiengesellschaft Stock Performance

The stock has a market cap of $28.65 billion, a P/E ratio of 39.27, a P/E/G ratio of 1.97 and a beta of 0.30. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.92 and a current ratio of 1.69. The business’s 50-day moving average price is €123.79 and its 200-day moving average price is €128.91.

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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