Stratec SE (ETR:SBS – Get Free Report) shares passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of €23.38 and traded as high as €24.15. Stratec shares last traded at €23.95, with a volume of 40,413 shares changing hands.
Stratec Stock Performance
The business’s 50-day simple moving average is €23.38 and its two-hundred day simple moving average is €20.24. The firm has a market cap of $300.34 million, a price-to-earnings ratio of 30.00, a P/E/G ratio of 10.43 and a beta of 0.84. The company has a quick ratio of 1.65, a current ratio of 4.23 and a debt-to-equity ratio of 48.53.
About Stratec
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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