Fresenius Medical Care AG & Co. KGaA Sponsored ADR (FMS) closed at $41.48, down $8.38 or 16.81%

 

-- Lowest close since March 22, 2017, when it closed at $41.47

-- Largest percent decrease on record (based on available data back to September 17, 1996)

-- Fresenius Medical Care AG & Co. KGaA cut its targets for 2018, as it reported an 8% fall in third-quarter net income. According to preliminary figures released late Tuesday, net income fell to 285 million euros ($330 million) from EUR309 million the year prior. The company cut its target for net income growth in 2018 to between 11% to 12%, from a previously guided range of between 13% to 15%. It also now expects revenue growth at between 2% to 3%, down from a previous target of between 5% to 7%.

-- Down 19.33% month-to-date

-- Down 21.07% year-to-date; on pace for worst year since 2002, when it fell 31.05%

-- Down 27.87% from its all-time closing high of $57.51 on January 31, 2018

-- Down 14.46% from 52 weeks ago (October 18, 2017), when it closed at $48.49

-- New 52-week closing low

-- Traded as low as $40.86; lowest intraday level since February 21, 2017, when it hit $40.60

-- Down 18.05% at today's intraday low; largest intraday percent decrease on record (based on available data back to September 17, 1996)

-- Today's preliminary volume is 1.1 million shares; highest since October 26, 2017, when 1.3 million shares were traded

 

Source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

October 17, 2018 17:02 ET (21:02 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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