Jenoptik (ETR:JEN) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

Jenoptik AG (ETR:JEN)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of €21.95 ($24.12) and traded as low as €16.71 ($18.36). Jenoptik shares last traded at €16.82 ($18.48), with a volume of 836,968 shares trading hands.

Jenoptik Stock Down 6.5 %

The firm has a market cap of $921.83 million, a P/E ratio of 10.86, a price-to-earnings-growth ratio of -26.95 and a beta of 1.35. The firm has a fifty day moving average of €21.95 and a 200-day moving average of €22.83.

Jenoptik Company Profile

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.