Carl Zeiss Meditec AG (ETR:AFX – Get Free Report)’s share price shot up 1.1% during mid-day trading on Tuesday . The company traded as high as €104.70 ($111.38) and last traded at €103.40 ($110.00). 81,691 shares changed hands during trading, a decline of 13% from the average session volume of 94,405 shares. The stock had previously closed at €102.30 ($108.83).
Carl Zeiss Meditec Price Performance
The stock has a market capitalization of $8.64 billion, a price-to-earnings ratio of 31.15, a P/E/G ratio of 3.86 and a beta of 0.92. The company has a quick ratio of 2.47, a current ratio of 3.40 and a debt-to-equity ratio of 7.16. The business’s 50 day simple moving average is €113.24 and its 200-day simple moving average is €97.93.
Carl Zeiss Meditec Company Profile
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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