Stratec (ETR:SBS) Trading 1.8% Higher – Here’s What Happened

Stratec SE (ETR:SBSGet Free Report)’s share price rose 1.8% during trading on Tuesday . The company traded as high as €20.20 and last traded at €20.05. Approximately 6,241 shares changed hands during trading, a decline of 0% from the average daily volume of 6,253 shares. The stock had previously closed at €19.70.

Stratec Price Performance

The stock’s 50 day moving average is €18.01 and its two-hundred day moving average is €19.13. The stock has a market capitalization of $240.88 million, a PE ratio of 24.06, a price-to-earnings-growth ratio of 10.43 and a beta of 0.80. The company has a debt-to-equity ratio of 49.40, a current ratio of 4.33 and a quick ratio of 1.65.

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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