GEA Group AG (OTCMKTS:GEAGF) Short Interest Update

GEA Group AG (OTCMKTS:GEAGF) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 163,924 shares, a growth of 59.5% from the July 15th total of 102,760 shares. Based on an average daily volume of 371 shares, the short-interest ratio is presently 441.8 days. Currently, 0.1% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of GEA Group to a “hold” rating in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy”.

GEA Group Price Performance

GEAGF opened at $70.46 on Thursday. The business’s 50-day moving average is $66.11 and its two-hundred day moving average is $70.58. GEA Group has a 1 year low of $63.21 and a 1 year high of $78.65. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.11 and a quick ratio of 0.76. The firm has a market capitalization of $11.47 billion, a PE ratio of 29.12 and a beta of 0.20.

About GEA Group

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.