Stratec (ETR:SBS) Shares Climb 0.8% – Here’s Why

Shares of Stratec SE (ETR:SBS – Get Free Report) were up 0.8% during mid-day trading on Friday. The company traded as high as €24.40 and last traded at €24.20. Approximately 6,738 shares changed hands during mid-day trading, an increase of 8% from the average session volume of 6,253 shares. The stock had previously closed at €24.00.

Stratec Price Performance

The firm has a market capitalization of $290.73 million, a P/E ratio of 29.04, a price-to-earnings-growth ratio of 10.43 and a beta of 0.84. The company has a debt-to-equity ratio of 48.53, a quick ratio of 1.65 and a current ratio of 4.23. The business has a 50 day simple moving average of €22.97 and a two-hundred day simple moving average of €19.82.

Stratec Company Profile

(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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