Sartorius Aktiengesellschaft (OTCMKTS:SARTF) Stock Crosses Below 50 Day Moving Average – Here’s Why

Sartorius Aktiengesellschaft (OTCMKTS:SARTF)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $209.14 and traded as low as $180.55. Sartorius Aktiengesellschaft shares last traded at $191.21, with a volume of 22 shares.

Analysts Set New Price Targets

Separately, Guggenheim raised Sartorius Aktiengesellschaft to a “strong-buy” rating in a report on Thursday, December 19th.

Sartorius Aktiengesellschaft Stock Performance

The company has a fifty day moving average price of $209.14 and a two-hundred day moving average price of $202.18. The company has a market capitalization of $6.54 billion, a P/E ratio of 144.85 and a beta of 1.11. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.02 and a quick ratio of 1.13.

Sartorius Aktiengesellschaft (OTCMKTS:SARTF) last announced its quarterly earnings results on Monday, February 17th. The company reported $1.11 earnings per share (EPS) for the quarter. The firm had revenue of $967.37 million during the quarter. Sartorius Aktiengesellschaft had a net margin of 2.48% and a return on equity of 7.33%.

Sartorius Aktiengesellschaft Company Profile

Sartorius Aktiengesellschaft provides bioprocess solutions and lab products and services in the United States and internationally. The company offers multi-parallel, benchtop, single-use, stainless steel, cell culture, rocking motion, and microbial bioreactors, and software apps for bioreactors and cell culture shake flask; fermenters; cell culture media products; cellcelector flex, incubator flowbox, nanowell arrays, and capillaries and tips; fluid management products; microbiology products; and Ultrafiltration membrane filters, glass and quartz microfiber filters, clarification, syringeless and in-line filters, lab chromatography, and filters and blotting papers.