Getinge AB (OTCMKTS:GNGBY) Short Interest Update


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Getinge AB (OTCMKTS:GNGBY) was the target of a large drop in short interest in December. As of December 31st, there was short interest totalling 1,700 shares, a drop of 39.3% from the December 15th total of 2,800 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is currently 0.9 days.

Several research firms have commented on GNGBY. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Getinge in a research report on Monday, October 19th. Morgan Stanley reissued an “equal weight” rating on shares of Getinge in a report on Wednesday, December 9th.

Shares of OTCMKTS GNGBY traded up $0.24 on Thursday, hitting $23.60. The company had a trading volume of 3,100 shares, compared to its average volume of 3,412. The firm has a market capitalization of $6.00 billion, a P/E ratio of 19.50 and a beta of 0.81. Getinge has a 12-month low of $14.27 and a 12-month high of $24.64. The company has a quick ratio of 1.25, a current ratio of 1.79 and a debt-to-equity ratio of 0.50. The business has a 50 day moving average of $22.34 and a two-hundred day moving average of $21.77.

Getinge (OTCMKTS:GNGBY) last released its earnings results on Friday, October 16th. The company reported $0.60 EPS for the quarter. Getinge had a return on equity of 17.30% and a net margin of 10.51%. The company had revenue of $899.44 million for the quarter.

About Getinge

Getinge AB provides products and solutions for operating rooms, intensive-care units, sterilization departments, and life science companies and institutions. The company operates through Acute Care Therapies, Life Science, and Surgical Workflows segments. It offers sterile transfer systems, closure processing systems, washers, isolators, sterilizers, and logistic automation solutions; practice-oriented monitoring systems and disposables, vascular and cardiothoracic surgery solutions, anesthesia machines, beating heart surgery solutions, ceiling supply units, connected solutions, and indicators, as well as washer-disinfectors, consumables, and IT-solutions.

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