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

Shares of Carl Zeiss Meditec AG (ETR:AFXGet Free Report) traded down 4.9% during mid-day trading on Thursday . The stock traded as low as €57.60 ($62.61) and last traded at €57.60 ($62.61). 266,723 shares changed hands 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 4.9 %

The company has a quick ratio of 2.47, a current ratio of 3.51 and a debt-to-equity ratio of 6.74. The company’s fifty day moving average is €62.88 and its 200-day moving average is €73.08. The company has a market cap of $5.15 billion, a PE ratio of 25.26, a PEG ratio of 2.83 and a beta of 0.98.

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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