GEA Group AG (OTCMKTS:GEAGF) Short Interest Update

GEA Group AG (OTCMKTS:GEAGF) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 102,760 shares, a growth of 96.2% from the June 30th total of 52,377 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 772 shares, the days-to-cover ratio is presently 133.1 days.

GEA Group Stock Performance

GEAGF stock opened at $68.95 on Thursday. The company has a quick ratio of 0.76, a current ratio of 1.11 and a debt-to-equity ratio of 0.08. GEA Group has a twelve month low of $63.21 and a twelve month high of $78.65. The company has a market cap of $11.23 billion, a P/E ratio of 28.49 and a beta of 0.21. The business has a fifty day moving average of $64.55 and a 200-day moving average of $70.25.

Analyst Ratings Changes

Separately, Zacks Research raised shares of GEA Group to a “hold” rating in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, GEA Group currently has an average rating of “Buy”.

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.