Stratec (ETR:SBS) Stock Price Down 0.9% – What’s Next?

Shares of Stratec SE (ETR:SBSGet Free Report) dropped 0.9% during mid-day trading on Monday . The company traded as low as €17.78 and last traded at €17.80. Approximately 8,129 shares changed hands during trading, an increase of 30% from the average daily volume of 6,253 shares. The stock had previously closed at €17.96.

Stratec Price Performance

The company has a debt-to-equity ratio of 49.40, a current ratio of 4.33 and a quick ratio of 1.65. The stock’s fifty day simple moving average is €17.65 and its 200-day simple moving average is €19.92. The company has a market capitalization of $219.37 million, a P/E ratio of 21.91, a PEG ratio of 10.43 and a beta of 0.80.

About Stratec

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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.

Further Reading

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