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Stratec (ETR:SBS) Stock Price Up 10.2% - Time to Buy?

Stratec logo with Medical background

Stratec SE (ETR:SBS - Get Free Report)'s stock price was up 10.2% during trading on Monday . The company traded as high as €28.45 ($32.33) and last traded at €28.20 ($32.05). Approximately 50,063 shares traded hands during mid-day trading, an increase of 701% from the average daily volume of 6,253 shares. The stock had previously closed at €25.60 ($29.09).

Stratec Stock Performance

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 business's fifty day moving average is €24.55 and its 200-day moving average is €28.31. The stock has a market capitalization of $322.57 million, a PE ratio of 32.22, a P/E/G ratio of 10.43 and a beta of 0.16.

About Stratec

(Get Free Report)

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.

Further Reading

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