Stratec (ETR:SBS) Stock Price Up 0.4% – Still a Buy?

Stratec SE (ETR:SBSGet Free Report)’s stock price traded up 0.4% during trading on Friday . The stock traded as high as €23.30 and last traded at €23.00. 5,227 shares traded hands during trading, a decline of 16% from the average session volume of 6,253 shares. The stock had previously closed at €22.90.

Stratec Stock Performance

The stock’s 50-day moving average is €22.28 and its 200-day moving average is €25.36. The stock has a market cap of $276.32 million, a price-to-earnings ratio of 27.60, a P/E/G ratio of 10.43 and a beta of 0.16. The company has a current ratio of 2.52, a quick ratio of 1.65 and a debt-to-equity ratio of 66.97.

Stratec Company Profile

(Get Free Report)

Stratec SE, together with its subsidiaries, designs and manufactures automation and instrumentation solutions in the fields of in-vitro diagnostics and life sciences in Germany, European Union, and internationally. It designs and manufactures automated analyzer systems for clinical diagnostics and biotechnology customers; and offers complex consumables for diagnostics and medical applications. The company was formerly known as STRATEC Biomedical AG and changed its name to Stratec SE in December 2018.

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