GEA Group (OTCMKTS:GEAGF) Sets New 52-Week High – What’s Next?

GEA Group AG (OTCMKTS:GEAGF)’s stock price reached a new 52-week high during mid-day trading on Saturday . The stock traded as high as $77.2750 and last traded at $77.2750, with a volume of 100 shares trading hands. The stock had previously closed at $69.55.

Analyst Ratings Changes

Separately, Berenberg Bank raised GEA Group to a “strong-buy” rating in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

GEA Group Stock Up 11.1%

The company has a 50-day simple moving average of $67.58 and a 200-day simple moving average of $71.28. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.71 and a current ratio of 1.07.

About GEA Group

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.