GEA Group AG (OTCMKTS:GEAGF) Short Interest Up 96.2% in July

GEA Group AG (OTCMKTS:GEAGF) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 102,760 shares, an increase of 96.2% from the June 30th total of 52,377 shares. Based on an average daily trading volume, of 772 shares, the days-to-cover ratio is currently 133.1 days. Approximately 0.1% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Zacks Research raised shares of GEA Group to a “hold” rating in a research report on Thursday, July 9th. 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.com, GEA Group currently has a consensus rating of “Buy”.

GEA Group Price Performance

OTCMKTS GEAGF traded up $1.51 on Friday, hitting $70.46. 130 shares of the company’s stock were exchanged, compared to its average volume of 537. GEA Group has a 52 week low of $63.21 and a 52 week high of $78.65. The stock has a 50-day moving average of $64.44 and a 200-day moving average of $70.28. The company has a current ratio of 1.11, a quick ratio of 0.76 and a debt-to-equity ratio of 0.08. The stock has a market cap of $11.47 billion, a price-to-earnings ratio of 29.12 and a beta of 0.21.

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.