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Jenoptik (ETR:JEN) Trading Down 1.1% - Time to Sell?

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Shares of Jenoptik AG (ETR:JEN - Get Free Report) were down 1.1% during trading on Wednesday . The stock traded as low as €22.16 ($24.09) and last traded at €22.90 ($24.89). Approximately 543,280 shares traded hands during trading, an increase of 184% from the average daily volume of 191,081 shares. The stock had previously closed at €23.16 ($25.17).

Jenoptik Price Performance

The company has a fifty day moving average of €22.29 and a two-hundred day moving average of €23.11. The stock has a market capitalization of $1.16 billion, a P/E ratio of 13.63, a price-to-earnings-growth ratio of -26.95 and a beta of 1.35.

About Jenoptik

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Jenoptik AG provides advanced photonic solutions and smart mobility solutions in Germany and internationally. The company provides imaging solutions and cameras, including microscope and thermographic camera, imaging modules, polymer-based camera modules, and miniaturized digital microscope subsystem; and laser and laser technology, such as laser ablation, scoring, cutting, and rangefinder, as well as laser OEM solutions comprising diode laser and disk laser technology, diode pumped disk lasers, laser systems, and LK heat sink.

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