Stratec (ETR:SBS) Stock Crosses Below Fifty Day Moving Average – What’s Next?

Stratec SE (ETR:SBSGet Free Report) crossed 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 Stock Down 4.0 %

The company has a debt-to-equity ratio of 66.97, a quick ratio of 1.65 and a current ratio of 2.52. The stock has a market cap of $335.18 million, a P/E ratio of 33.48, a P/E/G ratio of 10.43 and a beta of 0.16. The stock’s fifty day simple moving average is €31.54 and its 200-day simple moving average is €35.00.

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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