Sartorius (OTCMKTS:SARTF) Shares Gap Down – Should You Sell?

Sartorius (OTCMKTS:SARTF) gapped down before the market opened on Thursday . The stock had previously closed at $209.67, but opened at $196.4884. Sartorius shares last traded at $196.4884, with a volume of 30 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upgraded Sartorius to a “strong-buy” rating in a research note on Tuesday, August 12th. Two research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Sartorius presently has an average rating of “Buy”.

Sartorius Price Performance

The firm has a market cap of $6.73 billion, a P/E ratio of 91.39 and a beta of 1.03. The business’s fifty day simple moving average is $204.75 and its 200-day simple moving average is $198.89. The company has a current ratio of 0.95, a quick ratio of 0.88 and a debt-to-equity ratio of 0.89.

Sartorius (OTCMKTS:SARTF) last announced its quarterly earnings results on Thursday, October 16th. The company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.01. The company had revenue of $987.65 million during the quarter, compared to analysts’ expectations of $972.82 million. Sartorius had a return on equity of 8.19% and a net margin of 3.82%.

Sartorius 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.