Short Interest in Geberit AG (OTCMKTS:GBERY) Increases By 329.0%

Geberit AG (OTCMKTS:GBERYGet Free Report) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 6,705 shares, a growth of 329.0% from the December 31st total of 1,563 shares. Based on an average daily trading volume, of 9,991 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 9,991 shares, the short-interest ratio is presently 0.7 days.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Morgan Stanley reissued an “underweight” rating on shares of Geberit in a research report on Friday, January 23rd. Citigroup restated a “neutral” rating on shares of Geberit in a report on Friday, November 14th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Geberit to a “hold” rating in a research report on Monday, December 8th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce”.

Read Our Latest Report on GBERY

Geberit Stock Down 1.4%

Shares of Geberit stock traded down $1.09 on Friday, hitting $76.12. The stock had a trading volume of 5,195 shares, compared to its average volume of 6,671. Geberit has a 52-week low of $54.81 and a 52-week high of $81.47. The company’s 50 day moving average price is $77.69 and its 200 day moving average price is $76.63.

Geberit Company Profile

(Get Free Report)

Geberit AG is a Swiss-based manufacturer specializing in sanitary products and systems for residential, commercial and industrial applications. Headquartered in Rapperswil-Jona, Switzerland, the company develops and supplies installation systems, bathroom ceramics, faucets and piping solutions. Its product range encompasses concealed cisterns, flush plates, wall-hung toilets, washbasins, shower trays and underfloor heating systems, complemented by digital bathroom controls and smart water management technologies.

Founded in 1874, Geberit evolved from a regional metalworking business into a global market leader in sanitary technology.

Further Reading

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