Biotest Aktiengesellschaft (ETR:BIO) Trading Down 0.5% – Here’s What Happened

Shares of Biotest Aktiengesellschaft (ETR:BIOGet Free Report) were down 0.5% during mid-day trading on Wednesday . The stock traded as low as €41.00 ($43.62) and last traded at €41.40 ($44.04). Approximately 1,000 shares traded hands during trading, a decline of 48% from the average daily volume of 1,927 shares. The stock had previously closed at €41.60 ($44.26).

Biotest Aktiengesellschaft Stock Performance

The firm has a 50 day simple moving average of €41.69 and a 200-day simple moving average of €41.65. The company has a debt-to-equity ratio of 116.50, a current ratio of 2.45 and a quick ratio of 1.66. The company has a market cap of $823.26 million, a price-to-earnings ratio of 10.02 and a beta of 0.24.

Biotest Aktiengesellschaft Company Profile

(Get Free Report)

Biotest Aktiengesellschaft develops, manufactures, and sells biological and biotechnological pharmaceutical products in Germany and internationally. It operates through three segments: European Union, Rest of the World, and Stateless. The company specializes primarily in the therapeutic areas of clinical immunology, haematology, and intensive care medicine.

Further Reading

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