lauralea

Cup and Handle

lauralea Updated   
NYSE:FMS   Fresenius Medical Care AG
Resistance overhead from a prior gap down. OVERBOUGHT using standard RSI set at 70.

Cup low is 12.79.

Earnings 5-9-23.

This company is in Germany and provides dialysis to kidney failure patients. There are clinics al over the US owned by this company providing a service that kidney failure patients can not live without.

No recommendation.

52 Week Range
12.79
34.65
Day Range
21.52
21.69
EPS (FWD)
1.86
PE (FWD)
11.54
Div Rate (TTM)
$0.71
Yield (TTM)
3.30%
Short Interest
-
Market Cap
$12.61B

Fresenius Medical Care AG & Co. KGaA provides dialysis and related services for individuals with renal diseases in Germany, North America, and internationally. It offers dialysis treatment and related laboratory and diagnostic services through a network of outpatient dialysis clinics; materials, training, and patient support services comprising clinical monitoring, follow-up assistance, and arranging for delivery of the supplies to the patient’s residence; and dialysis services under contract to hospitals in the United States for the hospitalized end-stage renal disease (ESRD) patients and for patients suffering from acute kidney failure. The company also develops, manufactures, and distributes various health care products, including polysulfone dialyzers, hemodialysis machines, peritoneal dialysis cyclers, peritoneal dialysis solutions, hemodialysis concentrates, solutions and granulates, bloodlines, renal pharmaceuticals, systems for water treatment, and acute cardiopulmonary and apheresis products. In addition, it develops, acquires, and in-licenses renal pharmaceuticals; offers renal medications and supplies to patients at homes or to dialysis clinics; and provides vascular, cardiovascular, endovascular specialty, vascular care ambulatory surgery center, and physician nephrology and cardiology services. The company sells its products to dialysis clinics, hospitals, and specialized treatment clinics directly, as well as through local sales forces, independent distributors, dealers, and sales agents. Fresenius Medical Care AG & Co. KGaA was incorporated in 1996 and is headquartered in Bad Homburg, Germany.
Comment:
Handle low is 17.90
Comment:
4-7
Keeping an eye on Overbought status via RSI

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