Getinge (OTCMKTS:GNGBY) Reaches New 52-Week High – Still a Buy?

Shares of Getinge (OTCMKTS:GNGBY) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $25.24 and last traded at $25.24, with a volume of 402 shares. The stock had previously closed at $25.1550.

Analyst Ratings Changes

Separately, Zacks Research upgraded Getinge from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Strong Buy”.

Getinge Trading Up 0.4%

The company has a fifty day moving average of $22.39 and a 200-day moving average of $21.46. The company has a current ratio of 1.31, a quick ratio of 0.74 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $6.87 billion, a price-to-earnings ratio of 24.04 and a beta of 0.92.

Getinge (OTCMKTS:GNGBY) last announced its earnings results on Friday, July 17th. The company reported $0.38 EPS for the quarter. The business had revenue of $894.87 million during the quarter. Getinge had a return on equity of 11.12% and a net margin of 7.81%. As a group, equities research analysts anticipate that Getinge will post 1.38 earnings per share for the current fiscal year.

About Getinge

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.