GEA Group AG (OTCMKTS:GEAGF) Sees Significant Decline in Short Interest

GEA Group AG (OTCMKTS:GEAGF) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 32,878 shares, a drop of 43.6% from the November 30th total of 58,266 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 2,775 shares, the short-interest ratio is currently 11.8 days. Based on an average daily volume of 2,775 shares, the short-interest ratio is currently 11.8 days. Approximately 0.0% of the company’s shares are short sold.

GEA Group Trading Up 1.8%

Shares of OTCMKTS GEAGF traded up $1.16 during trading hours on Monday, hitting $67.00. 100 shares of the company traded hands, compared to its average volume of 777. The company’s 50 day moving average price is $69.75 and its 200 day moving average price is $71.72. GEA Group has a 12 month low of $50.07 and a 12 month high of $75.45. The stock has a market capitalization of $11.55 billion, a price-to-earnings ratio of 28.88 and a beta of 0.35. The company has a current ratio of 1.07, a quick ratio of 0.71 and a debt-to-equity ratio of 0.07.

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.