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Carl Zeiss Meditec (ETR:AFX) Stock Price Down 3.1% - What's Next?

Carl Zeiss Meditec logo with Medical background

Carl Zeiss Meditec AG (ETR:AFX - Get Free Report) shares fell 3.1% on Wednesday . The stock traded as low as €59.95 ($68.91) and last traded at €60.00 ($68.97). 95,859 shares were traded during trading, an increase of 2% from the average session volume of 94,405 shares. The stock had previously closed at €61.95 ($71.21).

Carl Zeiss Meditec Trading Down 5.5%

The business has a fifty day simple moving average of €59.34 and a 200 day simple moving average of €56.38. The company has a quick ratio of 2.47, a current ratio of 2.13 and a debt-to-equity ratio of 7.41. The company has a market cap of $5.11 billion, a price-to-earnings ratio of 29.31, a P/E/G ratio of 2.83 and a beta of 0.98.

About Carl Zeiss Meditec

(Get Free Report)

Carl Zeiss Meditec AG operates as a medical technology company in Germany, rest of Europe, North America, and Asia. It operates in two segments, Ophthalmology and Microsurgery. The Ophthalmology segment offers products and solutions for the diagnosis and treatment of chronic eye diseases, such as ametropia (refraction), cataracts, glaucoma, and renital disorders.

Further Reading

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