Jenoptik (ETR:JEN) Trading Down 3.1% - What's Next?

Key Points

• Jenoptik AG shares declined by 3.1% on Wednesday, dropping to a trading price of €16.51 ($19.20) from a previous close of €17.04 ($19.81).
• The company's market capitalization stands at $968.16 million, with a PE ratio of 11.40 and a beta of 1.35.
• Jenoptik, which operates in the field of advanced photonic and smart mobility solutions, provides a variety of products including imaging solutions and laser technologies.

Jenoptik AG (ETR:JEN - ) shares fell 3.1% on Wednesday . The company traded as low as €16.45 ($19.13) and last traded at €16.51 ($19.20). 166,578 shares were traded during mid-day trading, a decline of 13% from the average session volume of 191,081 shares. The stock had previously closed at €17.04 ($19.81).

Jenoptik Stock Performance

The stock's 50 day simple moving average is €18.81 and its two-hundred day simple moving average is €19.33. The firm has a market capitalization of $968.16 million, a PE ratio of 11.40, a price-to-earnings-growth ratio of -26.95 and a beta of 1.35.

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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