MLP (ETR:MLP) Stock Crosses Above 200-Day Moving Average – Time to Sell?

MLP SE (ETR:MLPGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €6.14 ($6.60) and traded as high as €6.98 ($7.51). MLP shares last traded at €6.80 ($7.31), with a volume of 77,989 shares.

MLP Stock Up 2.1 %

The company has a debt-to-equity ratio of 543.55, a current ratio of 232.94 and a quick ratio of 98.06. The firm’s 50 day moving average price is €6.65 and its two-hundred day moving average price is €6.14. The firm has a market cap of $756.36 million, a price-to-earnings ratio of 11.72, a P/E/G ratio of 1.55 and a beta of 0.95.

About MLP

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MLP SE, together with its subsidiaries, provides financial services to private, corporate, and institutional clients in Germany. The company operates through Financial Consulting, Banking, FERI, DOMCURA, Industrial Broker, and Deutschland.Immobilien segments. The Financial Consulting segment offers consulting services for academics and other clients related to insurance, investments, occupational pension provision schemes, and loans and mortgages, as well as the brokering of contracts in financial services.

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