Jenoptik (ETR:JEN) Trading Down 2% – Here’s Why

Jenoptik AG (ETR:JENGet Free Report) was down 2% during trading on Friday . The company traded as low as €38.92 and last traded at €39.34. 125,642 shares were traded during trading, a decline of 34% from the average session volume of 191,081 shares. The stock had previously closed at €40.14.

Jenoptik Stock Performance

The company has a current ratio of 2.29, a quick ratio of 0.61 and a debt-to-equity ratio of 38.49. The stock has a market capitalization of $2.31 billion, a PE ratio of 27.18, a price-to-earnings-growth ratio of -26.95 and a beta of 1.25. The firm’s fifty day moving average price is €43.61 and its two-hundred day moving average price is €33.46.

Jenoptik Company Profile

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Jenoptik AG provides advanced photonic solutions and smart mobility solutions in Germany and internationally. The company provides imaging solutions and cameras, including microscope and thermographic camera, imaging modules, polymer-based camera modules, and miniaturized digital microscope subsystem; and laser and laser technology, such as laser ablation, scoring, cutting, and rangefinder, as well as laser OEM solutions comprising diode laser and disk laser technology, diode pumped disk lasers, laser systems, and LK heat sink.

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