Geberit AG (OTCMKTS:GBERY) Short Interest Update

Geberit AG (OTCMKTS:GBERY) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 1,563 shares, a decline of 81.2% from the December 15th total of 8,302 shares. Based on an average trading volume of 9,059 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 9,059 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on GBERY. Deutsche Bank Aktiengesellschaft raised Geberit to a “hold” rating in a research note on Monday, December 8th. Citigroup reissued a “neutral” rating on shares of Geberit in a research report on Friday, November 14th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Geberit Price Performance

Shares of GBERY stock traded down $0.02 on Monday, hitting $79.90. The stock had a trading volume of 3,135 shares, compared to its average volume of 4,453. Geberit has a 1 year low of $53.38 and a 1 year high of $81.47. The company’s 50 day moving average price is $77.73 and its 200-day moving average price is $76.68.

About Geberit

Geberit AG is a Swiss-based manufacturer specializing in sanitary products and systems for residential, commercial and industrial applications. Headquartered in Rapperswil-Jona, Switzerland, the company develops and supplies installation systems, bathroom ceramics, faucets and piping solutions. Its product range encompasses concealed cisterns, flush plates, wall-hung toilets, washbasins, shower trays and underfloor heating systems, complemented by digital bathroom controls and smart water management technologies.

Founded in 1874, Geberit evolved from a regional metalworking business into a global market leader in sanitary technology.