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Biotest Aktiengesellschaft (ETR:BIO) Trading Down 1.4% - Here's Why

Biotest Aktiengesellschaft logo with Medical background

Biotest Aktiengesellschaft (ETR:BIO - Get Free Report) was down 1.4% during trading on Tuesday . The company traded as low as €40.60 ($41.86) and last traded at €40.80 ($42.06). Approximately 121 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 1,927 shares. The stock had previously closed at €41.40 ($42.68).

Biotest Aktiengesellschaft Stock Performance

The firm has a 50-day simple moving average of €41.43 and a two-hundred day simple moving average of €41.61. The company has a current ratio of 2.45, a quick ratio of 1.66 and a debt-to-equity ratio of 116.50. The company has a market capitalization of $807.43 million, a price-to-earnings ratio of 9.83 and a beta of 0.24.

About Biotest Aktiengesellschaft

(Get Free Report)

Biotest Aktiengesellschaft develops, manufactures, and sells biological and biotechnological pharmaceutical products in Germany and internationally. It operates through three segments: European Union, Rest of the World, and Stateless. The company specializes primarily in the therapeutic areas of clinical immunology, haematology, and intensive care medicine.

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