Sartorius (OTCMKTS:SARTF) Shares Gap Down – Here’s What Happened

Sartorius (OTCMKTS:SARTF)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $226.33, but opened at $212.35. Sartorius shares last traded at $212.35, with a volume of 1 shares trading hands.

Sartorius Stock Down 6.2%

The stock has a market cap of $7.27 billion, a P/E ratio of 98.77 and a beta of 0.98. The company has a quick ratio of 0.49, a current ratio of 0.95 and a debt-to-equity ratio of 0.89. The firm has a 50 day simple moving average of $226.33 and a 200-day simple moving average of $220.58.

Sartorius Company Profile

Sartorius AG, trading in the U.S. over the counter under the symbol SARTF, is a Germany-based provider of laboratory and bioprocessing equipment for the pharmaceutical, biotechnology and research industries. The company is organized into two core divisions: Bioprocess Solutions, which focuses on single-use consumables, filtration technologies and upstream and downstream processing systems; and Lab Products & Services, which supplies laboratory instruments, consumables and services, including balances, pipettes, cell counting systems and water purification units.

The Bioprocess Solutions segment serves customers engaged in the development and manufacture of biopharmaceuticals, vaccines and advanced therapies.