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Carl Zeiss Meditec (ETR:AFX) Stock Price Down 0.1% - Should You Sell?

Carl Zeiss Meditec logo with Medical background

Carl Zeiss Meditec AG (ETR:AFX - Get Free Report)'s share price dropped 0.1% during mid-day trading on Monday . The stock traded as low as €53.75 ($56.58) and last traded at €54.85 ($57.74). Approximately 241,302 shares traded hands during mid-day trading, an increase of 156% from the average daily volume of 94,405 shares. The stock had previously closed at €54.90 ($57.79).

Carl Zeiss Meditec Stock Up 0.5 %

The firm has a fifty day simple moving average of €50.77 and a 200-day simple moving average of €57.50. The company has a market capitalization of $5.12 billion, a P/E ratio of 29.37, a P/E/G ratio of 2.83 and a beta of 0.98. The company has a quick ratio of 2.47, a current ratio of 2.13 and a debt-to-equity ratio of 7.41.

About Carl Zeiss Meditec

(Get Free Report)

Carl Zeiss Meditec AG operates as a medical technology company in Germany, rest of Europe, North America, and Asia. It operates in two segments, Ophthalmology and Microsurgery. The Ophthalmology segment offers products and solutions for the diagnosis and treatment of chronic eye diseases, such as ametropia (refraction), cataracts, glaucoma, and renital disorders.

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