Stratec (ETR:SBS) Stock Price Up 0.4% – Time to Buy?

Stratec SE (ETR:SBS – Get Free Report) shares rose 0.4% on Friday. The company traded as high as €22.60 and last traded at €22.60. Approximately 6,930 shares changed hands during mid-day trading, an increase of 11% from the average session volume of 6,253 shares. The stock had previously closed at €22.50.

Stratec Stock Performance

The firm has a fifty day moving average of €22.13 and a 200-day moving average of €19.44. The company has a quick ratio of 1.65, a current ratio of 4.23 and a debt-to-equity ratio of 48.53. The stock has a market capitalization of $271.51 million, a price-to-earnings ratio of 27.12, a PEG ratio of 10.43 and a beta of 0.84.

About Stratec

(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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