GEA Group Aktiengesellschaft (OTCMKTS:GEAGF) Hits New 52-Week High at $46.00

GEA Group Aktiengesellschaft (OTCMKTS:GEAGF) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $46.00 and last traded at $46.00, with a volume of 846 shares. The stock had previously closed at $44.94.

Several research analysts recently issued reports on the stock. Zacks Investment Research raised shares of GEA Group Aktiengesellschaft from a “sell” rating to a “hold” rating and set a $52.00 target price on the stock in a research note on Tuesday, August 24th. DZ Bank raised shares of GEA Group Aktiengesellschaft from a “sell” rating to a “hold” rating and set a €38.00 ($44.71) target price on the stock in a research note on Wednesday, August 18th. Finally, JPMorgan Chase & Co. raised shares of GEA Group Aktiengesellschaft from an “underweight” rating to a “neutral” rating in a research note on Wednesday, August 25th.

The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.00 and a current ratio of 1.33. The stock has a fifty day simple moving average of $43.66. The firm has a market cap of $8.30 billion, a PE ratio of 38.09 and a beta of 1.20.

GEA Group Aktiengesellschaft (OTCMKTS:GEAGF) last released its quarterly earnings data on Friday, August 13th. The company reported $0.54 earnings per share for the quarter. GEA Group Aktiengesellschaft had a net margin of 3.45% and a return on equity of 9.37%. The firm had revenue of $1.39 billion for the quarter. As a group, equities research analysts expect that GEA Group Aktiengesellschaft will post 2.18 earnings per share for the current year.

About GEA Group Aktiengesellschaft (OTCMKTS:GEAGF)

GEA Group Aktiengesellschaft engages in the development and production of systems and components for the food processing industry worldwide. It operates in five divisions, Separation and Flow Technologies, Liquid and Power Technologies, Food and Health Technologies, Farm Technologies, and Refrigeration Technologies.

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