Sartorius (OTCMKTS:SARTF) Trading 2.3% Higher – Here’s Why

Sartorius (OTCMKTS:SARTFGet Free Report) shot up 2.3% during trading on Thursday . The stock traded as high as $225.00 and last traded at $225.00. 14 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 100 shares. The stock had previously closed at $220.00.

Sartorius Stock Performance

The business’s fifty day moving average price is $219.58 and its 200-day moving average price is $205.42. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.95 and a quick ratio of 0.49. The stock has a market capitalization of $7.70 billion, a PE ratio of 104.65 and a beta of 0.98.

About Sartorius

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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.

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