Carl Zeiss Meditec (ETR:AFX) Trading 6% Higher – Should You Buy?

Carl Zeiss Meditec AG (ETR:AFXGet Free Report)’s share price traded up 6% on Monday . The stock traded as high as €57.10 ($59.48) and last traded at €56.30 ($58.65). 493,688 shares were traded during mid-day trading, an increase of 423% from the average session volume of 94,405 shares. The stock had previously closed at €53.10 ($55.31).

Carl Zeiss Meditec Stock Performance

The firm has a market capitalization of $5.10 billion, a PE ratio of 25.02, a price-to-earnings-growth ratio of 2.83 and a beta of 0.98. The business’s fifty day simple moving average is €51.01 and its 200-day simple moving average is €58.14. The company has a debt-to-equity ratio of 6.74, a quick ratio of 2.47 and a current ratio of 3.51.

Carl Zeiss Meditec Company Profile

(Get Free Report)

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.

Further Reading

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