Getinge AB (publ) (OTCMKTS:GNGBY) Stock Passes Below 50-Day Moving Average of $19.82

Getinge AB (publ) (OTCMKTS:GNGBY) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $19.82 and traded as low as $18.99. Getinge AB (publ) shares last traded at $18.99, with a volume of 3,108 shares changing hands.

Getinge AB (publ) Price Performance

The stock’s 50-day simple moving average is $19.82 and its two-hundred day simple moving average is $20.13.

Getinge AB (publ) (OTCMKTS:GNGBY) last issued its earnings results on Thursday, February 1st. The company reported $0.29 earnings per share (EPS) for the quarter. Getinge AB (publ) had a net margin of 7.58% and a return on equity of 8.05%. The company had revenue of $930.96 million for the quarter.

Getinge AB (publ) Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, May 14th. Shareholders of record on Wednesday, April 24th will be given a dividend of $0.4164 per share. The ex-dividend date is Tuesday, April 23rd. This is an increase from Getinge AB (publ)’s previous dividend of $0.29. Getinge AB (publ)’s payout ratio is currently 35.71%.

About Getinge AB (publ)

Getinge AB (publ) provides products and solutions for operating rooms, intensive-care units, and sterilization departments. The company operates through Acute Care Therapies, Life Science, and Surgical Workflows segments. It offers sterile transfer systems, closure processing systems, washers, isolators, sterilizers, bioreactors, bioprocess control systems, bioprocess software, biobundles, bioprocess analytics, and perfusion systems; monitoring systems, anesthesia machines, beating heart stabilizers and positioners, axius blower mister and coronary shunts, proximal seal systems, ceiling supply units, connected devices, cleaning and disinfection products, packaging and sealing solutions, monitors and indicators, and SteriTec products.