Bayer Aktiengesellschaft (ETR:BAYN) Shares Break Above Fifty Day Moving Average – What’s Next?

Bayer Aktiengesellschaft (ETR:BAYN) shares passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of €47.14 and traded as high as €48.00. Bayer Aktiengesellschaft shares last traded at €47.96, with a volume of 2,663,942 shares trading hands.

Bayer Aktiengesellschaft Stock Performance

The firm has a 50-day moving average of €47.14 and a 200-day moving average of €43.46. The stock has a market capitalization of $51.06 billion, a price-to-earnings ratio of -28.74, a P/E/G ratio of 36.39 and a beta of 0.84. The company has a current ratio of 1.04, a quick ratio of 0.72 and a debt-to-equity ratio of 129.90.

About Bayer Aktiengesellschaft

Bayer Aktiengesellschaft, together its subsidiaries, operates as a life science company worldwide. It operates through Pharmaceuticals, Consumer Health, and Crop Science segments. The Pharmaceuticals segment offers prescription products primarily for cardiology and women's health care; specialty therapeutics in the areas of oncology, hematology, and ophthalmology; and diagnostic imaging equipment and digital solutions, and contrast agents, as well as cell and gene therapy. The Consumer Health segment markets nonprescription over-the-counter medicines for self-medication and self-care; and solutions for nutritional supplements, allergy, cough and cold, dermatology, pain and cardiovascular risk prevention, and digestive health.