GEA Group Aktiengesellschaft (OTCMKTS:GEAGF – Get Free Report) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 19,300 shares, a growth of 9.7% from the October 31st total of 17,600 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 96.5 days.
GEA Group Aktiengesellschaft Stock Performance
Shares of OTCMKTS GEAGF remained flat at $48.33 during midday trading on Monday. The firm has a 50-day moving average price of $49.42 and a two-hundred day moving average price of $45.25. GEA Group Aktiengesellschaft has a 12-month low of $35.65 and a 12-month high of $51.63.
Analysts Set New Price Targets
Separately, Citigroup raised shares of GEA Group Aktiengesellschaft to a “strong-buy” rating in a research report on Friday, September 20th.
About GEA Group Aktiengesellschaft
GEA Group Aktiengesellschaft engages in the development and production of systems and components to the food, beverage, and pharmaceutical industries. It operates through Separation & Flow Technologies, Liquid & Power Technologies, Food & Health Technologies, Farm Technologies, and Heating & Refrigeration Technologies segments.
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