Getinge (OTCMKTS:GNGBY) Share Price Passes Below 50-Day Moving Average – Time to Sell?
by Tristan Rich · The Markets DailyShares of Getinge (OTCMKTS:GNGBY – Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $20.58 and traded as low as $20.50. Getinge shares last traded at $20.88, with a volume of 724 shares traded.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded Getinge to a “hold” rating in a report on Thursday, April 23rd. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold”.
Read Our Latest Research Report on GNGBY
Getinge Price Performance
The company has a current ratio of 1.32, a quick ratio of 0.86 and a debt-to-equity ratio of 0.27. The company has a market cap of $5.69 billion, a PE ratio of 22.70 and a beta of 0.97. The firm has a 50 day moving average of $20.58 and a two-hundred day moving average of $21.65.
Getinge Company Profile
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.