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Carl Zeiss Meditec (ETR:AFX) Shares Up 1.8% - Here's Why

Carl Zeiss Meditec logo with Medical background

Carl Zeiss Meditec AG (ETR:AFX - Get Free Report) shares rose 1.8% during trading on Wednesday . The stock traded as high as €59.95 ($68.13) and last traded at €57.60 ($65.45). Approximately 278,528 shares traded hands during trading, an increase of 195% from the average daily volume of 94,405 shares. The stock had previously closed at €56.60 ($64.32).

Carl Zeiss Meditec Stock Down 1.9 %

The firm has a market cap of $5.27 billion, a P/E ratio of 30.25, a P/E/G ratio of 2.83 and a beta of 0.98. The business's fifty day moving average price is €58.61 and its two-hundred day moving average price is €56.74. The company has a current ratio of 2.13, a quick ratio of 2.47 and a debt-to-equity ratio of 7.41.

Carl Zeiss Meditec Company Profile

(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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