GEA Group (OTCMKTS:GEAGF) Sets New 52-Week High – What’s Next?

GEA Group AG (OTCMKTS:GEAGF)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $78.6525 and last traded at $78.6525, with a volume of 285 shares trading hands. The stock had previously closed at $77.2750.

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised GEA Group to a “strong-buy” rating in a research note on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, GEA Group has an average rating of “Moderate Buy”.

GEA Group Trading Up 1.8%

The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.71 and a current ratio of 1.07. The company has a market capitalization of $13.55 billion, a P/E ratio of 33.90 and a beta of 0.34. The company’s fifty day simple moving average is $68.72 and its 200-day simple moving average is $71.34.

GEA Group Company Profile

GEA Group AG is a Germany-based provider of process technology and engineering solutions for a wide range of industries, including food and beverage, pharmaceutical, chemical and petroleum. The company specializes in the design, manufacture and installation of equipment and systems that support processes such as heating, cooling, mixing, separation, evaporation and transportation of liquids and powders. Its product portfolio spans centrifuges, separators, heat exchangers, pasteurizers, homogenizers, filtration and membrane systems, as well as advanced automation and digitalization tools to optimize plant performance and ensure product safety.

With origins dating back to the late 19th century, GEA has evolved from a regional metal trading enterprise into a global technology group.