Jenoptik (ETR:JEN) Shares Down 0.6% – Here’s Why

Jenoptik AG (ETR:JENGet Free Report)’s share price dropped 0.6% during trading on Wednesday . The company traded as low as €26.46 and last traded at €26.86. Approximately 137,264 shares changed hands during trading, a decline of 28% from the average daily volume of 191,081 shares. The stock had previously closed at €27.02.

Jenoptik Price Performance

The firm has a 50-day simple moving average of €22.26 and a 200-day simple moving average of €19.78. The firm has a market capitalization of $1.58 billion, a PE ratio of 18.55, a PEG ratio of -26.95 and a beta of 1.35.

Jenoptik Company Profile

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Jenoptik AG provides advanced photonic solutions and smart mobility solutions in Germany and internationally. The company provides imaging solutions and cameras, including microscope and thermographic camera, imaging modules, polymer-based camera modules, and miniaturized digital microscope subsystem; and laser and laser technology, such as laser ablation, scoring, cutting, and rangefinder, as well as laser OEM solutions comprising diode laser and disk laser technology, diode pumped disk lasers, laser systems, and LK heat sink.

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