GEA Group (OTCMKTS:GEAGF) Shares Gap Up – What’s Next?

GEA Group AG (OTCMKTS:GEAGF) shares gapped up prior to trading on Thursday. The stock had previously closed at $70.4615, but opened at $78.60. GEA Group shares last traded at $78.60, with a volume of 106 shares changing hands.

Wall Street Analyst Weigh In

GEAGF has been the topic of several research reports. Berenberg Bank lowered shares of GEA Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Zacks Research downgraded shares of GEA Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 12th. Two research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

GEA Group Stock Performance

The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.70 and a current ratio of 1.06. The company has a market cap of $12.80 billion, a price-to-earnings ratio of 30.70 and a beta of 0.17. The company has a fifty day moving average of $73.40 and a two-hundred day moving average of $71.35.

About GEA Group

GEA Group AG is a German engineering company that develops and supplies equipment, systems and services for industries including food and beverages, pharmaceuticals, chemicals and dairy processing. Its technologies support the production, processing and packaging of products, as well as related cleaning and utility processes. The company’s offerings include process equipment, pumps, valves, separators, heat exchangers, filling and packaging systems, and integrated production solutions. GEA also provides installation, maintenance, modernization and other services to help customers operate and maintain their facilities.