Geberit AG (OTCMKTS:GBERY – Get Free Report) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 7,451 shares, a growth of 195.8% from the July 30th total of 2,519 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 15,848 shares, the short-interest ratio is currently 0.5 days.
Geberit Price Performance
Shares of OTCMKTS GBERY traded down $0.23 during mid-day trading on Friday, reaching $71.42. The company’s stock had a trading volume of 8,361 shares, compared to its average volume of 14,442. The stock has a 50-day moving average of $66.63 and a two-hundred day moving average of $68.90. Geberit has a 1-year low of $61.41 and a 1-year high of $84.91.
Analyst Ratings Changes
GBERY has been the topic of several recent research reports. Citigroup reaffirmed a “neutral” rating on shares of Geberit in a report on Monday. Morgan Stanley reissued an “underweight” rating on shares of Geberit in a report on Thursday, July 2nd. Finally, Zacks Research raised Geberit to a “hold” rating in a report on Wednesday, May 13th. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce”.
About Geberit
Geberit AG is a Swiss-based manufacturer specializing in sanitary products and systems for residential, commercial and industrial applications. Headquartered in Rapperswil-Jona, Switzerland, the company develops and supplies installation systems, bathroom ceramics, faucets and piping solutions. Its product range encompasses concealed cisterns, flush plates, wall-hung toilets, washbasins, shower trays and underfloor heating systems, complemented by digital bathroom controls and smart water management technologies.
Founded in 1874, Geberit evolved from a regional metalworking business into a global market leader in sanitary technology.
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