Zacks Research upgraded shares of GEA Group (OTCMKTS:GEAGF – Free Report) to a hold rating in a research report sent to investors on Thursday,Zacks.com reports.
GEA Group Stock Performance
Shares of OTCMKTS:GEAGF remained flat at $63.32 on Thursday. The stock had a trading volume of 15 shares, compared to its average volume of 203. GEA Group has a 12 month low of $63.21 and a 12 month high of $78.65. The firm has a market capitalization of $10.31 billion, a P/E ratio of 27.30 and a beta of 0.21. The company’s 50 day moving average price is $66.82 and its 200-day moving average price is $70.20. The company has a quick ratio of 0.76, a current ratio of 1.11 and a debt-to-equity ratio of 0.08.
About GEA Group
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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