Geberit (OTCMKTS:GBERY) Sets New 12-Month Low – Time to Sell?

Geberit AG (OTCMKTS:GBERY)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as $63.37 and last traded at $63.45, with a volume of 1950 shares traded. The stock had previously closed at $64.60.

Analyst Ratings Changes

GBERY has been the subject of a number of recent research reports. Zacks Research upgraded Geberit to a “hold” rating in a research note on Wednesday, May 13th. Morgan Stanley reiterated an “underweight” rating on shares of Geberit in a research note on Friday, January 23rd. Four research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce”.

Geberit Stock Performance

The company’s 50 day moving average price is $67.89 and its 200 day moving average price is $74.74. The company has a market cap of $21.63 billion and a price-to-earnings ratio of 52.67.

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.