GEA Group Aktiengesellschaft (OTCMKTS:GEAGY) Shares Pass Above 200-Day Moving Average – Here’s Why

by · The Cerbat Gem

GEA Group Aktiengesellschaft (OTCMKTS:GEAGY – Get Free Report)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $40.59 and traded as high as $40.64. GEA Group Aktiengesellschaft shares last traded at $40.5850, with a volume of 2,200 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank initiated coverage on GEA Group Aktiengesellschaft in a research note on Thursday, February 5th. They issued a “buy” rating on the stock. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Get Our Latest Research Report on GEA Group Aktiengesellschaft

GEA Group Aktiengesellschaft Stock Performance

The company has a quick ratio of 0.97, a current ratio of 1.35 and a debt-to-equity ratio of 0.25. The company has a market cap of $7.33 billion, a P/E ratio of -34.99 and a beta of 1.16. The firm has a 50 day moving average of $40.59 and a 200-day moving average of $40.59.

About GEA Group Aktiengesellschaft

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GEA Group Aktiengesellschaft is a Germany‐based engineering company specializing in process technology and components for the food, beverage, pharmaceutical and chemical industries. The company designs and manufactures equipment such as separators, decanters, heat exchangers and membrane filtration systems, as well as providing complete process lines for dairy processing, brewing, powder processing and liquid food production. GEA also offers tailored services in refrigeration, air handling and thermal cooling, helping customers optimize production efficiency and maintain product quality.

In addition to core process machinery, GEA supplies hygienic fittings, valves, pumps and homogenizers that meet stringent industry standards for safety and sanitation.

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