Stratec (ETR:SBS) Share Price Crosses Below 50-Day Moving Average – Here’s What Happened

Stratec SE (ETR:SBSGet Free Report)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of €31.56 ($34.30) and traded as low as €28.55 ($31.03). Stratec shares last traded at €29.05 ($31.58), with a volume of 24,262 shares.

Stratec Stock Down 4.0 %

The firm has a market capitalization of $335.18 million, a PE ratio of 33.48, a price-to-earnings-growth ratio of 10.43 and a beta of 0.16. The company has a quick ratio of 1.65, a current ratio of 2.52 and a debt-to-equity ratio of 66.97. The business has a 50-day moving average price of €31.56 and a 200-day moving average price of €35.16.

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.

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