Siemens Healthineers (ETR:SHL) Trading Down 3.8% – Here’s Why

Siemens Healthineers AG (ETR:SHLGet Free Report)’s share price was down 3.8% during trading on Tuesday . The stock traded as low as €49.38 ($53.67) and last traded at €49.38 ($53.67). Approximately 608,024 shares were traded during trading, The stock had previously closed at €51.32 ($55.78).

Siemens Healthineers Stock Performance

The company has a debt-to-equity ratio of 92.22, a current ratio of 1.27 and a quick ratio of 0.71. The firm has a fifty day moving average of €51.19 and a 200 day moving average of €52.28. The stock has a market capitalization of $54.06 billion, a price-to-earnings ratio of 29.08, a price-to-earnings-growth ratio of 1.16 and a beta of 0.70.

About Siemens Healthineers

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Siemens Healthineers AG, through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide. It operates through four segments: Imaging, Diagnostics, Varian, and Advanced Therapies. The Imaging segment provides magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging, and ultrasound systems.

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