ConvaTec Group (LON:CTEC) Stock Price Down 3.1% – Time to Sell?

ConvaTec Group PLC (LON:CTECGet Free Report)’s stock price was down 3.1% on Monday . The company traded as low as GBX 226.20 ($2.87) and last traded at GBX 227.60 ($2.89). Approximately 3,654,484 shares traded hands during mid-day trading, a decline of 46% from the average daily volume of 6,784,078 shares. The stock had previously closed at GBX 234.80 ($2.98).

ConvaTec Group Price Performance

The stock has a 50 day moving average of GBX 229.37 and a two-hundred day moving average of GBX 234.91. The company has a debt-to-equity ratio of 85.32, a quick ratio of 0.96 and a current ratio of 2.26. The stock has a market cap of £4.67 billion, a PE ratio of 3,793.33, a PEG ratio of 0.93 and a beta of 0.64.

About ConvaTec Group

(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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