Carl Zeiss Meditec AG (ETR:AFX – Get Free Report)’s share price rose 1.5% during mid-day trading on Wednesday . The company traded as high as €30.12 and last traded at €29.52. 212,726 shares changed hands during trading, an increase of 125% from the average session volume of 94,405 shares. The stock had previously closed at €29.08.
Carl Zeiss Meditec Trading Up 1.5%
The company has a market cap of $2.75 billion, a P/E ratio of 15.78, a price-to-earnings-growth ratio of 2.83 and a beta of 1.35. The firm’s 50 day moving average price is €30.51 and its 200-day moving average price is €27.62.
About Carl Zeiss Meditec
Carl Zeiss Meditec AG operates as a medical technology company in Germany, rest of Europe, North America, and Asia. It operates in two segments, Ophthalmology and Microsurgery. The Ophthalmology segment offers products and solutions for the diagnosis and treatment of chronic eye diseases, such as ametropia (refraction), cataracts, glaucoma, and renital disorders. This segment also provides devices for general ophthalmological examination and care, including slit lamps, refractometers, tonometers, optical coherence tomography devices, and fundus cameras; and devices for functional diagnostics (perimeters), as well as digital products for storage, evaluation, and sharing of clinical data.
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