GEA Group (OTCMKTS:GEAGF) Shares Gap Up – Here’s What Happened

GEA Group AG (OTCMKTS:GEAGFGet Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $65.20, but opened at $69.55. GEA Group shares last traded at $69.55, with a volume of 231 shares.

GEA Group Stock Performance

The firm’s fifty day simple moving average is $66.46 and its 200 day simple moving average is $71.24. The company has a market capitalization of $11.99 billion, a PE ratio of 29.98 and a beta of 0.35. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.07 and a quick ratio of 0.71.

GEA Group Company Profile

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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.

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