Stratec (ETR:SBS) Trading Up 0.4% – Here’s What Happened
by Michael Walen · The Markets DailyShares of Stratec SE (ETR:SBS – Get Free Report) shot up 0.4% on Friday . The stock traded as high as €24.80 and last traded at €24.60. Approximately 2,128 shares changed hands during trading, a decline of 66% from the average daily volume of 6,253 shares. The stock had previously closed at €24.50.
Stratec Price Performance
The company has a debt-to-equity ratio of 48.53, a current ratio of 4.23 and a quick ratio of 1.65. The company’s 50 day simple moving average is €20.41 and its 200 day simple moving average is €19.04. The company has a market capitalization of $295.54 million, a PE ratio of 29.52, a price-to-earnings-growth ratio of 10.43 and a beta of 0.81.
About Stratec
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.