Jenoptik (ETR:JEN) Stock Price Down 1.1% – Here’s Why

Jenoptik AG (ETR:JENGet Free Report)’s stock price fell 1.1% during trading on Wednesday . The company traded as low as €22.16 ($24.09) and last traded at €22.90 ($24.89). 543,280 shares changed hands during mid-day trading, an increase of 184% from the average session volume of 191,081 shares. The stock had previously closed at €23.16 ($25.17).

Jenoptik Price Performance

The company’s 50-day moving average price is €22.30 and its two-hundred day moving average price is €23.17. The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 14.77, a PEG ratio of -26.95 and a beta of 1.35.

About Jenoptik

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Jenoptik AG provides advanced photonic solutions and smart mobility solutions in Germany and internationally. The company provides imaging solutions and cameras, including microscope and thermographic camera, imaging modules, polymer-based camera modules, and miniaturized digital microscope subsystem; and laser and laser technology, such as laser ablation, scoring, cutting, and rangefinder, as well as laser OEM solutions comprising diode laser and disk laser technology, diode pumped disk lasers, laser systems, and LK heat sink.

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