Stratec (ETR:SBS) Stock Crosses Below 50 Day Moving Average – Time to Sell?

Shares of Stratec SE (ETR:SBSGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of €31.56 ($34.30) and traded as low as €28.55 ($31.03). Stratec shares last traded at €29.05 ($31.58), with a volume of 24,262 shares changing hands.

Stratec Trading Down 4.0 %

The business’s 50-day moving average price is €31.54 and its two-hundred day moving average price is €35.00. The company has a market capitalization of $335.18 million, a P/E ratio of 33.48, a PEG ratio of 10.43 and a beta of 0.16. The company has a debt-to-equity ratio of 66.97, a current ratio of 2.52 and a quick ratio of 1.65.

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.

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