ConvaTec Group (LON:CTEC) Trading Up 0.8% - Here's What Happened

ConvaTec Group PLC (LON:CTEC - Get Free Report)'s share price rose 0.8% on Monday . The stock traded as high as GBX 222.40 ($2.78) and last traded at GBX 221 ($2.76). Approximately 2,560,711 shares changed hands during mid-day trading, a decline of 8% from the average daily volume of 2,789,792 shares. The stock had previously closed at GBX 219.20 ($2.74).

ConvaTec Group Stock Performance

The company has a debt-to-equity ratio of 85.32, a current ratio of 2.26 and a quick ratio of 0.96. The company has a market cap of £4.53 billion, a price-to-earnings ratio of 3,683.33, a PEG ratio of 0.93 and a beta of 0.64. The firm has a 50 day simple moving average of GBX 227.89 and a 200-day simple moving average of GBX 231.99.

About ConvaTec Group

ConvaTec Group PLC engages in the development, manufacturing, and sale of medical products, services, and technologies in Europe, North America, and internationally. The company offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, and acute conditions resulting from traumatic injury and burns.

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