Stratec (ETR:SBS) Shares Up 4.3% - Here's Why

Shares of Stratec SE (ETR:SBS - Get Free Report) traded up 4.3% during mid-day trading on Monday . The company traded as high as €24.80 ($27.56) and last traded at €24.30 ($27.00). 7,754 shares changed hands during mid-day trading, an increase of 24% from the average session volume of 6,253 shares. The stock had previously closed at €23.30 ($25.89).

Stratec Stock Up 4.3%

The business has a 50-day simple moving average of €24.94 and a two-hundred day simple moving average of €29.12. The company has a quick ratio of 1.65, a current ratio of 2.52 and a debt-to-equity ratio of 66.97. The stock has a market capitalization of $291.93 million, a P/E ratio of 29.16, a PEG ratio of 10.43 and a beta of 0.16.

About Stratec

Stratec SE, together with its subsidiaries, designs and manufactures automation and instrumentation solutions in the fields of in-vitro diagnostics and life sciences in Germany, European Union, and internationally. It designs and manufactures automated analyzer systems for clinical diagnostics and biotechnology customers; and offers complex consumables for diagnostics and medical applications.

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