Bruker Corporation, (NASDAQ:BRKR) stock identified change of 69.62% away from 52-week low price and recently located move of -13.89% off 52-week high price. It has market worth of $6797.66M and dividend yield of 0.36%. BRKR stock has been recorded 2.64% away from 50 day moving average and 9.16% away from 200 day moving average. Moving closer, we can see that shares have been trading 2.07% off 20-day moving average.
On Oct. 2, 2019, Bruker Corporation, (NASDAQ: BRKR) declared the acquisition of the Magnettech EPR business from Freiberg Instruments GmbH, and the establishment of a related, long-term EPR supply partnership with Freiberg Instruments. Financial details of the transaction were not disclosed. Magnettech’s benchtop electron paramagnetic resonance (EPR) system, the MiniScope MS 5000, and a broad range of Magnettech EPR accessories, expand Bruker’s existing EPR portfolio. With this addition, Bruker’s EPR product line now includes compact micro-EPR systems, dedicated or research-grade benchtop EPR systems, as well as a range of floor-standing research EPR systems for many different EPR molecular and materials research applications, and dedicated polymer and beverage analysis solutions.
Freiberg Instruments, which has developed and is manufacturing the MiniScope MS 5000 EPR products, and Bruker have also agreed to a long-term EPR supply partnership, and Bruker intends to continue to work with some of Magnettech’s key channel partners, in particular Aerial for the important market of radiation processing and dosimetry. Bruker is welcoming all Magnettech EPR customers with a strong commitment to global service, applications and software support, and to ongoing further EPR developments.
Dr. Falko Busse, Group President of Bruker BioSpin, stated: We are excited by the opportunities of the Magnettech EPR business in new market segments. This acquisition complements our EPR offerings, so that we can now address most EPR customers’ requirements in molecular research and in chemical and applied markets quality control and process analysis. The long-term supply and innovation partnership with Freiberg Instruments establishes an agile EPR ecosystem that combines the strengths of both companies.
The Healthcare sector company, Bruker Corporation noticed change of 0.73% to $44.27 along volume of 818883 shares in recent session compared to an average volume of 858.11K. The stock observed return of -0.34% in 5 days trading activity. The stock was at 2.67% over one month performance. BRKR’s shares are at -11.78% for the quarter and driving a 31.44% return over the course of the past year and is now at 48.71% since this point in 2018. The average volatility for the week at 2.96% and for month was at 2.60%. There are 153.55M shares outstanding and 100.95M shares are floated in market. Right now the stock beta is 1.35.