ConvaTec Group (LON:CTEC) Shares Up 0.8% – Here’s What Happened

ConvaTec Group PLC (LON:CTECGet Free Report)’s share price rose 0.8% during mid-day trading on Monday . The company traded as high as GBX 222.40 ($2.78) and last traded at GBX 221 ($2.76). Approximately 2,560,711 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 2,789,792 shares. The stock had previously closed at GBX 219.20 ($2.74).

ConvaTec Group Stock Performance

The company has a current ratio of 2.26, a quick ratio of 0.96 and a debt-to-equity ratio of 85.32. The stock has a market capitalization of £4.53 billion, a price-to-earnings ratio of 3,683.33, a price-to-earnings-growth ratio of 0.93 and a beta of 0.64. The firm’s fifty day moving average price is GBX 227.89 and its 200 day moving average price is GBX 231.99.

ConvaTec Group Company Profile

(Get Free Report)

ConvaTec Group PLC engages in the development, manufacturing, and sale of medical products, services, and technologies in Europe, North America, and internationally. The company offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, and acute conditions resulting from traumatic injury and burns.

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