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Sartorius (OTCMKTS:SARTF) Shares Gap Up - Still a Buy?

Sartorius logo with Medical background

Shares of Sartorius (OTCMKTS:SARTF - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $187.82, but opened at $211.49. Sartorius shares last traded at $193.79, with a volume of 2 shares traded.

Wall Street Analyst Weigh In

Separately, DZ Bank upgraded Sartorius from a "strong sell" rating to a "hold" rating in a research note on Thursday, April 17th.

Read Our Latest Report on SARTF

Sartorius Trading Up 3.2%

The firm has a market cap of $6.63 billion, a P/E ratio of 130.94 and a beta of 1.09. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.93 and a current ratio of 1.46. The stock has a fifty day simple moving average of $199.70 and a 200 day simple moving average of $198.35.

Sartorius (OTCMKTS:SARTF - Get Free Report) last posted its earnings results on Wednesday, April 16th. The company reported $1.28 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.28. Sartorius had a net margin of 2.76% and a return on equity of 7.62%. The business had revenue of $959.23 million for the quarter, compared to analysts' expectations of $867.08 million.

Sartorius Company Profile

(Get Free Report)

Sartorius Aktiengesellschaft provides bioprocess solutions and lab products and services in the United States and internationally. The company offers multi-parallel, benchtop, single-use, stainless steel, cell culture, rocking motion, and microbial bioreactors, and software apps for bioreactors and cell culture shake flask; fermenters; cell culture media products; cellcelector flex, incubator flowbox, nanowell arrays, and capillaries and tips; fluid management products; microbiology products; and Ultrafiltration membrane filters, glass and quartz microfiber filters, clarification, syringeless and in-line filters, lab chromatography, and filters and blotting papers.

Further Reading

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