GEA Group (OTCMKTS:GEAGF) Sets New 1-Year High – What’s Next?

GEA Group AG (OTCMKTS:GEAGF) shares hit a new 52-week high during trading on Saturday . The company traded as high as $77.2750 and last traded at $77.2750, with a volume of 100 shares traded. The stock had previously closed at $69.55.

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised GEA Group to a “strong-buy” rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

GEA Group Price Performance

The company has a quick ratio of 0.71, a current ratio of 1.07 and a debt-to-equity ratio of 0.07. The firm’s fifty day moving average price is $67.58 and its 200 day moving average price is $71.34. The stock has a market cap of $13.32 billion, a PE ratio of 33.31 and a beta of 0.34.

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.