Shares of Carl Zeiss Meditec AG (ETR:AFX – Get Free Report) shot up 1% on Wednesday. The stock traded as high as €33.14 and last traded at €32.84. 151,057 shares changed hands during trading, an increase of 60% from the average daily volume of 94,405 shares. The stock had previously closed at €32.50.
Carl Zeiss Meditec Stock Up 1.0%
The company has a market cap of $3.06 billion, a price-to-earnings ratio of 17.55, a P/E/G ratio of 2.83 and a beta of 1.35. The stock has a fifty day moving average price of €31.18 and a two-hundred day moving average price of €28.40.
Carl Zeiss Meditec Company Profile
Carl Zeiss Meditec AG operates as a medical technology company in Germany, rest of Europe, North America, and Asia. It operates in two segments, Ophthalmology and Microsurgery. The Ophthalmology segment offers products and solutions for the diagnosis and treatment of chronic eye diseases, such as ametropia (refraction), cataracts, glaucoma, and renital disorders. This segment also provides devices for general ophthalmological examination and care, including slit lamps, refractometers, tonometers, optical coherence tomography devices, and fundus cameras; and devices for functional diagnostics (perimeters), as well as digital products for storage, evaluation, and sharing of clinical data.
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