Geberit AG (OTCMKTS:GBERY – Get Free Report) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 919 shares, a drop of 86.3% from the January 15th total of 6,705 shares. Based on an average daily volume of 17,060 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 17,060 shares, the short-interest ratio is currently 0.1 days.
Analyst Upgrades and Downgrades
GBERY has been the topic of a number of recent analyst reports. Morgan Stanley restated an “underweight” rating on shares of Geberit in a research note on Friday, January 23rd. Deutsche Bank Aktiengesellschaft raised Geberit to a “hold” rating in a research report on Monday, December 8th. Finally, Citigroup restated a “neutral” rating on shares of Geberit in a research note on Friday, November 14th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce”.
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Geberit Trading Up 1.4%
About Geberit
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.
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