GEA Group (OTCMKTS:GEAGF) Hits New 12-Month High – Here’s What Happened

GEA Group AG (OTCMKTS:GEAGF) reached a new 52-week high on Monday . The company traded as high as $78.6525 and last traded at $78.6525, with a volume of 285 shares. The stock had previously closed at $77.2750.

Analyst Ratings Changes

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

GEA Group Stock 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 business has a fifty day simple moving average of $69.21 and a two-hundred day simple moving average of $71.39.

About GEA Group

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.