GEA Group (OTCMKTS:GEAGF) Shares Gap Up – Time to Buy?

by · The Cerbat Gem

GEA Group AG (OTCMKTS:GEAGF – Get Free Report) gapped up prior to trading on Friday. The stock had previously closed at $68.95, but opened at $78.1819. GEA Group shares last traded at $78.1819, with a volume of 118 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research cut shares of GEA Group from a “strong-buy” rating to a “hold” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Check Out Our Latest Research Report on GEAGF

GEA Group Stock Up 13.4%

The firm has a 50 day moving average price of $70.46 and a 200-day moving average price of $69.43. The company has a current ratio of 1.06, a quick ratio of 0.70 and a debt-to-equity ratio of 0.08. The firm has a market cap of $12.73 billion, a PE ratio of 32.31 and a beta of 0.20.

GEA Group Company Profile

(Get Free Report)

GEA Group AG is a Germany-based engineering and technology company that develops process solutions and equipment for the food, beverage, dairy, pharmaceutical, chemical and other industrial sectors. The company helps customers design, build and operate production systems, with a focus on improving efficiency, hygiene, automation and resource use.

Its products and services include separation systems, pumps and valves, homogenizers, process automation, evaporation and drying equipment, filling and packaging machinery, and refrigeration and heating technologies.

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