Getinge (OTCMKTS:GNGBY) Trading Up 9.2% – Should You Buy?

Getinge (OTCMKTS:GNGBY)’s stock price traded up 9.2% on Monday . The stock traded as high as $23.70 and last traded at $23.70. 111 shares traded hands during trading, a decline of 97% from the average session volume of 3,449 shares. The stock had previously closed at $21.70.

Analysts Set New Price Targets

Separately, Zacks Research raised Getinge to a “hold” rating in a research report on Thursday, April 23rd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Getinge Stock Down 1.4%

The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.32. The company has a market capitalization of $6.49 billion, a price-to-earnings ratio of 22.70 and a beta of 0.96. The firm’s 50-day simple moving average is $20.65 and its 200-day simple moving average is $21.33.

Getinge (OTCMKTS:GNGBY) last announced its quarterly earnings data on Friday, July 17th. The company reported $0.38 EPS for the quarter. Getinge had a net margin of 7.81% and a return on equity of 11.67%. The business had revenue of $894.87 million during the quarter. Sell-side analysts forecast that Getinge will post 1.33 earnings per share for the current year.

About Getinge

Getinge AB is a global medical technology company that develops, manufactures and markets products and systems for hospitals and life sciences institutions. The company’s offerings focus on critical care, surgical workflows and infection control, aiming to improve clinical outcomes and operational efficiency. Getinge’s solutions support a range of applications from intensive care and cardiovascular treatments to sterile reprocessing of surgical instruments.

The company’s product portfolio includes sterilization and disinfection equipment, surgical tables and lights, ventilation systems, heart-lung machines and extracorporeal membrane oxygenation (ECMO) devices.