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Stratec (ETR:SBS) Stock Price Passes Below 50-Day Moving Average - Here's What Happened

Stratec logo with Medical background
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Stratec SE (ETR:SBS - Get Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of €31.56 ($34.30) and traded as low as €28.55 ($31.03). Stratec shares last traded at €29.05 ($31.58), with a volume of 24,262 shares trading hands.

Stratec Stock Down 2.7 %

The stock's 50-day moving average price is €31.50 and its two-hundred day moving average price is €34.83. The company has a current ratio of 2.52, a quick ratio of 1.65 and a debt-to-equity ratio of 66.97. The stock has a market capitalization of $326.17 million, a P/E ratio of 32.58, a P/E/G ratio of 10.43 and a beta of 0.16.

About Stratec

(Get Free Report)

Stratec SE, together with its subsidiaries, designs and manufactures automation and instrumentation solutions in the fields of in-vitro diagnostics and life sciences in Germany, European Union, and internationally. It designs and manufactures automated analyzer systems for clinical diagnostics and biotechnology customers; and offers complex consumables for diagnostics and medical applications.

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