Carl Zeiss Meditec (ETR:AFX) Shares Down 4.9% – Here’s What Happened

Carl Zeiss Meditec AG (ETR:AFXGet Free Report)’s share price traded down 4.9% during mid-day trading on Thursday . The company traded as low as €57.60 ($62.61) and last traded at €57.60 ($62.61). 266,723 shares were traded during mid-day trading, an increase of 183% from the average session volume of 94,405 shares. The stock had previously closed at €60.55 ($65.82).

Carl Zeiss Meditec Stock Down 0.5 %

The stock has a market cap of $5.12 billion, a price-to-earnings ratio of 25.13, a price-to-earnings-growth ratio of 2.83 and a beta of 0.98. The company has a debt-to-equity ratio of 6.74, a current ratio of 3.51 and a quick ratio of 2.47. The firm’s 50-day moving average is €62.73 and its 200 day moving average is €72.68.

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.

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