Stratec (ETR:SBS) Shares Up 1.1% – Still a Buy?

Stratec SE (ETR:SBSGet Free Report) shares were up 1.1% on Monday . The stock traded as high as €19.58 and last traded at €19.50. Approximately 21,075 shares traded hands during mid-day trading, an increase of 237% from the average daily volume of 6,253 shares. The stock had previously closed at €19.28.

Stratec Stock Down 0.1%

The company’s fifty day simple moving average is €21.62 and its 200-day simple moving average is €23.88. The firm has a market capitalization of $229.46 million, a PE ratio of 22.92, a price-to-earnings-growth ratio of 10.43 and a beta of 0.72. The company has a debt-to-equity ratio of 55.08, a current ratio of 4.19 and a quick ratio of 1.65.

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.

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