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

Carl Zeiss Meditec AG (ETR:AFXGet Free Report) dropped 4.9% on Thursday . The company traded as low as €57.60 ($62.61) and last traded at €57.60 ($62.61). Approximately 266,723 shares changed hands during trading, an increase of 183% from the average daily volume of 94,405 shares. The stock had previously closed at €60.55 ($65.82).

Carl Zeiss Meditec Trading Down 4.9 %

The stock’s fifty day moving average price is €62.88 and its 200 day moving average price is €73.08. 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 stock 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.

About Carl Zeiss Meditec

(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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