Zimmer Biomet receives BBB+ credit rating — 4 facts

Morningstar issued a Zimmer Biomet a BBB+ credit rating, according to Dakota Financial News.

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Here are four facts:

 

1. The credit rating indicates the company is a moderate default risk.

 

2. Morningstar also gave Zimmer Biomet stock a four-star rating.

 

3. Zimmer Biomet has a 50-day moving average of $100.96 and a 200-day moving average of $109.45.

 

4. The company has a market cap of $19.07 billion and a P/E ratio of 47.61.

 

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