Geberit (OTCMKTS:GBERY) Stock Price Down 0.5% – Time to Sell?

Geberit AG (OTCMKTS:GBERY)’s stock price traded down 0.5% during trading on Friday . The company traded as low as $78.50 and last traded at $78.50. 2,694 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 7,893 shares. The stock had previously closed at $78.91.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Citigroup reaffirmed a “neutral” rating on shares of Geberit in a research report on Friday, November 14th. Deutsche Bank Aktiengesellschaft raised Geberit to a “hold” rating in a report on Monday, December 8th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Geberit presently has an average rating of “Reduce”.

Geberit Stock Down 0.5%

The business’s 50-day moving average is $77.11 and its two-hundred day moving average is $76.58.

Geberit Company Profile

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.