FMS Makes Notable Cross Below Critical Moving AverageBy Dividend Channel Staff, Friday, July 30, 11:05 AM ET
In trading on Friday, shares of Fresenius Medical Care (NYSE:FMS) crossed below their 200 day moving average of $39.84, changing hands as low as $39.63 per share. Fresenius Medical Care shares are currently trading off about 3.5% on the day. The chart below shows the one year performance of FMS shares, versus its 200 day moving average:
Looking at the chart above, FMS's low point in its 52 week range is $33.84 per share, with $44.94 as the 52 week high point — that compares with a last trade of $39.77.
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