Sartorius (OTCMKTS:SARTF) Shares Gap Down – Here’s What Happened

Shares of Sartorius (OTCMKTS:SARTFGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $217.65, but opened at $192.43. Sartorius shares last traded at $192.43, with a volume of 45 shares changing hands.

Sartorius Stock Performance

The company has a 50-day moving average price of $215.11 and a 200-day moving average price of $221.38. The company has a quick ratio of 0.49, a current ratio of 0.95 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $6.59 billion, a price-to-earnings ratio of 89.50 and a beta of 0.98.

About Sartorius

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Sartorius AG, trading in the U.S. over the counter under the symbol SARTF, is a Germany-based provider of laboratory and bioprocessing equipment for the pharmaceutical, biotechnology and research industries. The company is organized into two core divisions: Bioprocess Solutions, which focuses on single-use consumables, filtration technologies and upstream and downstream processing systems; and Lab Products & Services, which supplies laboratory instruments, consumables and services, including balances, pipettes, cell counting systems and water purification units.

The Bioprocess Solutions segment serves customers engaged in the development and manufacture of biopharmaceuticals, vaccines and advanced therapies.

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