Stratec SE (SBS.DE)
Stratec SE operates in the Medical - Devices industry of the Healthcare sector, headquartered in Birkenfeld, RP, DE. The stock last traded at $20.50, down 0.73% on the session, giving a market capitalisation of $249.2M. Its beta of 0.81 implies it has historically moved less than the broad market.
Established in 1979 and headquartered in Birkenfeld, Germany, Stratec SE (previously known as STRATEC Biomedical AG until its name change in December 2018) specializes in the development and manufacturing of cutting-edge automation and instrumentation systems. The company caters to the in-vitro diagnostics and life sciences sectors, operating across Germany, the European Union, and globally. Its business is divided into three primary segments: Instrumentation, Diatron, and Smart Consumables. The Instrumentation segment focuses on designing and fabricating automated analytical systems, along with necessary spare parts and supplies, for customers in clinical diagnostics and biotechnology. The Diatron segment provides a suite of systems, components, disposables, and assays for lower-volume hematology and clinical chemistry applications. Finally, the Smart Consumables segment is dedicated to engineering and producing intelligent consumables for the diagnostics, life sciences, and medical technology industries.
Stratec SE is most often compared with the following Healthcare names: