Sartorius (OTCMKTS:SARTF) Shares Gap Down – Here’s What Happened

Sartorius (OTCMKTS:SARTF) shares gapped down before the market opened on Tuesday . The stock had previously closed at $201.69, but opened at $181.58. Sartorius shares last traded at $181.58, with a volume of 175 shares changing hands.

Analyst Ratings Changes

Separately, Jefferies Financial Group raised shares of Sartorius to a “strong-buy” rating in a report on Tuesday, August 12th. Three investment analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

Sartorius Trading Down 10.0%

The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.88 and a current ratio of 1.39. The company has a 50 day simple moving average of $189.03 and a two-hundred day simple moving average of $193.19. The company has a market cap of $6.22 billion, a PE ratio of 110.72 and a beta of 1.00.

Sartorius (OTCMKTS:SARTF) last released its earnings results on Tuesday, July 22nd. The company reported $1.38 earnings per share for the quarter, missing the consensus estimate of $1.49 by ($0.11). The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $977.90 million. Sartorius had a net margin of 3.00% and a return on equity of 7.79%.

About Sartorius

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.