Stratec (ETR:SBS) Stock Price Down 2.5% – Here’s Why

Stratec SE (ETR:SBSGet Free Report) dropped 2.5% during trading on Monday . The company traded as low as €32.75 ($34.11) and last traded at €33.15 ($34.53). Approximately 7,178 shares were traded during trading, an increase of 15% from the average daily volume of 6,253 shares. The stock had previously closed at €34.00 ($35.42).

Stratec Stock Performance

The company has a market cap of $377.23 million, a P/E ratio of 37.68, a PEG ratio of 10.43 and a beta of 0.16. The business’s 50 day simple moving average is €31.94 and its 200 day simple moving average is €36.01. The company has a current ratio of 2.52, a quick ratio of 1.65 and a debt-to-equity ratio of 66.97.

About Stratec

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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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