Carl Zeiss Meditec (ETR:AFX) Shares Down 20.5%

Shares of Carl Zeiss Meditec AG (ETR:AFXGet Free Report) traded down 20.5% during mid-day trading on Tuesday . The company traded as low as €67.05 ($72.10) and last traded at €67.05 ($72.10). 1,134,817 shares were traded during mid-day trading, an increase of 1,102% from the average session volume of 94,405 shares. The stock had previously closed at €84.35 ($90.70).

Carl Zeiss Meditec Stock Down 20.5 %

The company has a debt-to-equity ratio of 6.74, a quick ratio of 2.47 and a current ratio of 3.51. The firm’s 50-day simple moving average is €93.84 and its 200 day simple moving average is €101.42. The company has a market cap of $6.00 billion, a P/E ratio of 22.88, a PEG ratio of 3.45 and a beta of 0.93.

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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