Carl Zeiss Meditec AG (ETR:AFX - Get Free Report) shares shot up 1.2% during mid-day trading on Wednesday . The company traded as high as €51.95 ($60.41) and last traded at €51.15 ($59.48). 88,191 shares changed hands during mid-day trading, a decline of 7% from the average session volume of 94,405 shares. The stock had previously closed at €50.55 ($58.78).
Carl Zeiss Meditec Stock Performance
The stock has a 50-day simple moving average of €55.37 and a 200-day simple moving average of €57.17. The company has a market capitalization of $4.31 billion, a price-to-earnings ratio of 24.72, a price-to-earnings-growth ratio of 2.83 and a beta of 0.98. The company has a current ratio of 2.13, a quick ratio of 2.47 and a debt-to-equity ratio of 7.41.
Carl Zeiss Meditec Company Profile
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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.
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