GEA Group Aktiengesellschaft (OTCMKTS:GEAGY) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Shares of GEA Group Aktiengesellschaft (OTCMKTS:GEAGY) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $40.59 and traded as low as $39.9150. GEA Group Aktiengesellschaft shares last traded at $40.5850, with a volume of 2,200 shares traded.

Analyst Ratings Changes

Separately, Morgan Stanley raised shares of GEA Group Aktiengesellschaft from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, June 23rd. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

GEA Group Aktiengesellschaft Trading Up 4.1%

The company has a 50 day simple moving average of $40.59 and a 200 day simple moving average of $40.59. The company has a market capitalization of $7.33 billion, a PE ratio of -34.99 and a beta of 1.16. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.97 and a current ratio of 1.35.

About GEA Group Aktiengesellschaft

GEA Group Aktiengesellschaft is a Germany?based engineering company specializing in process technology and components for the food, beverage, pharmaceutical and chemical industries. The company designs and manufactures equipment such as separators, decanters, heat exchangers and membrane filtration systems, as well as providing complete process lines for dairy processing, brewing, powder processing and liquid food production. GEA also offers tailored services in refrigeration, air handling and thermal cooling, helping customers optimize production efficiency and maintain product quality.

In addition to core process machinery, GEA supplies hygienic fittings, valves, pumps and homogenizers that meet stringent industry standards for safety and sanitation.