GEA Group AG (OTCMKTS:GEAGF – Get Free Report) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totaling 34,971 shares, a decline of 40.8% from the March 31st total of 59,066 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 147 shares, the days-to-cover ratio is currently 237.9 days.
GEA Group Price Performance
Shares of GEAGF stock remained flat at $74.65 on Wednesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.71 and a current ratio of 1.07. The stock’s 50 day moving average is $75.80 and its 200-day moving average is $71.51. The company has a market capitalization of $12.15 billion, a PE ratio of 32.18 and a beta of 0.31. GEA Group has a 1 year low of $57.00 and a 1 year high of $78.65.
Wall Street Analyst Weigh In
Separately, Berenberg Bank upgraded GEA Group to a “strong-buy” rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.
GEA Group Company Profile
GEA Group AG is a Germany-based provider of process technology and engineering solutions for a wide range of industries, including food and beverage, pharmaceutical, chemical and petroleum. The company specializes in the design, manufacture and installation of equipment and systems that support processes such as heating, cooling, mixing, separation, evaporation and transportation of liquids and powders. Its product portfolio spans centrifuges, separators, heat exchangers, pasteurizers, homogenizers, filtration and membrane systems, as well as advanced automation and digitalization tools to optimize plant performance and ensure product safety.
With origins dating back to the late 19th century, GEA has evolved from a regional metal trading enterprise into a global technology group.
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