Jenoptik (ETR:JEN) Stock Price Down 2.1% - Should You Sell?

Key Points

• Jenoptik AG shares fell by 2.1% in trading, dropping to a low of €18.97 ($22.06) and closing at €19.31 ($22.45).
• The company has a market capitalization of $1.13 billion and a PE ratio of 13.34, indicating potential value in its stock performance.
• Jenoptik specializes in advanced photonic solutions and smart mobility solutions, including imaging, camera technologies, and laser systems.

Shares of Jenoptik AG (ETR:JEN - ) dropped 2.1% during trading on Wednesday . The stock traded as low as €18.97 ($22.06) and last traded at €19.31 ($22.45). Approximately 153,646 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 191,081 shares. The stock had previously closed at €19.72 ($22.93).

Jenoptik Stock Performance

The company has a market cap of $1.13 billion, a PE ratio of 13.34, a PEG ratio of -26.95 and a beta of 1.35. The company's 50-day simple moving average is €17.66 and its 200 day simple moving average is €18.26.

About Jenoptik

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.

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