Stratec (ETR:SBS) Stock Price Down 0.9% – Here’s Why

Stratec SE (ETR:SBSGet Free Report) shares dropped 0.9% during trading on Thursday . The stock traded as low as €27.20 ($28.33) and last traded at €27.70 ($28.85). Approximately 7,207 shares changed hands during trading, an increase of 15% from the average daily volume of 6,253 shares. The stock had previously closed at €27.95 ($29.11).

Stratec Price Performance

The company has a debt-to-equity ratio of 65.99, a current ratio of 2.47 and a quick ratio of 1.65. The firm has a market capitalization of $321.63 million, a price-to-earnings ratio of 23.28, a PEG ratio of 10.43 and a beta of 0.16. The stock has a 50 day moving average price of €38.15 and a two-hundred day moving average price of €41.78.

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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