Zacks Research upgraded shares of Carl Zeiss Meditec (OTCMKTS:CZMWY – Free Report) from a strong sell rating to a hold rating in a research report released on Monday,Zacks.com reports.
Carl Zeiss Meditec Trading Down 9.3%
Carl Zeiss Meditec stock opened at $32.35 on Monday. Carl Zeiss Meditec has a 12-month low of $26.65 and a 12-month high of $60.99. The business’s 50-day moving average price is $30.67 and its two-hundred day moving average price is $32.92.
Carl Zeiss Meditec Company Profile
Carl Zeiss Meditec AG is a global medical technology company headquartered in Jena, Germany. Founded in 2002 as a spin-off from the Carl Zeiss Group, the business leverages the parent company’s expertise in optics and precision engineering. Over the years, Carl Zeiss Meditec has grown through organic development and strategic acquisitions, becoming a recognized provider of innovative surgical and diagnostic solutions for eye care and microsurgery.
The company’s core offerings span two primary divisions: Ophthalmic Devices and Microsurgery.
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