Fresenius SE & Co KGaA’s stock price has stabilized near its year-high, with a 17.83% gain since the start of the year, and technical indicators suggesting potential for further upside.
Fresenius SE’s stock price has increased by nearly 10% over the past four weeks, driven by improved sales, earnings margins, and reduced debt, as well as recent FDA approval for its denosumab biosimilars.
Fresenius SE & Co KGaA plans to reduce its stake in Fresenius Medical Care AG from 32.2% to 25% plus one share, a move expected to provide the company with financial flexibility and navigate market volatility.