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

GEA Group AG (OTCMKTS:GEAGFGet Free Report) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totaling 34,971 shares, a decrease of 40.8% from the March 31st total of 59,066 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 147 shares, the short-interest ratio is presently 237.9 days.

Analyst Upgrades and Downgrades

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

Read Our Latest Research Report on GEAGF

GEA Group Price Performance

Shares of OTCMKTS:GEAGF remained flat at $74.65 during midday trading on Tuesday. GEA Group has a 1 year low of $57.00 and a 1 year high of $78.65. The company has a market cap of $12.15 billion, a P/E ratio of 32.18 and a beta of 0.31. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.07 and a quick ratio of 0.71. The stock has a 50 day simple moving average of $75.70 and a 200 day simple moving average of $71.51.

About GEA Group

(Get Free Report)

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.

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