Jenoptik (ETR:JEN) Shares Down 1.1% – Time to Sell?

Jenoptik AG (ETR:JENGet Free Report) dropped 1.1% during mid-day trading on Wednesday . The company traded as low as €22.16 ($23.83) and last traded at €22.90 ($24.62). Approximately 543,280 shares traded hands during mid-day trading, an increase of 184% from the average daily volume of 191,081 shares. The stock had previously closed at €23.16 ($24.90).

Jenoptik Stock Performance

The stock’s 50 day moving average price is €22.28 and its 200 day moving average price is €23.18. The company has a market capitalization of $1.34 billion, a P/E ratio of 15.82, a price-to-earnings-growth ratio of -26.95 and a beta of 1.35.

About Jenoptik

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Jenoptik AG provides advanced photonic solutions and smart mobility solutions in Germany and internationally. The company provides imaging solutions and cameras, including microscope and thermographic camera, imaging modules, polymer-based camera modules, and miniaturized digital microscope subsystem; and laser and laser technology, such as laser ablation, scoring, cutting, and rangefinder, as well as laser OEM solutions comprising diode laser and disk laser technology, diode pumped disk lasers, laser systems, and LK heat sink.

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