Beiersdorf Aktiengesellschaft (ETR:BEI) Stock Price Breaks Below Two Hundred Day Moving Average – What’s Next?

Beiersdorf Aktiengesellschaft (ETR:BEI)’s share price passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of €80.68 and traded as low as €79.14. Beiersdorf Aktiengesellschaft shares last traded at €80.34, with a volume of 572,376 shares.

Beiersdorf Aktiengesellschaft Stock Performance

The company has a market capitalization of $18.07 billion, a P/E ratio of 24.75, a PEG ratio of 1.97 and a beta of 0.47. The stock’s fifty day moving average price is €78.09 and its 200-day moving average price is €80.68. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.92 and a current ratio of 2.00.

Beiersdorf Aktiengesellschaft Company Profile

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. This segment offers its system solutions to the automotive, electronics, printing and paper, and building and construction industries.