GEA Group Aktiengesellschaft (OTCMKTS:GEAGF – Get Free Report) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 20,600 shares, a growth of 22.6% from the November 30th total of 16,800 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 206.0 days.
GEA Group Aktiengesellschaft Price Performance
Shares of OTCMKTS:GEAGF remained flat at $51.33 during midday trading on Tuesday. GEA Group Aktiengesellschaft has a 12-month low of $39.32 and a 12-month high of $52.05. The business has a 50-day simple moving average of $49.78 and a two-hundred day simple moving average of $46.58.
Wall Street Analysts Forecast Growth
Separately, Citigroup raised shares of GEA Group Aktiengesellschaft to a “strong-buy” rating in a research note on Friday, September 20th.
GEA Group Aktiengesellschaft Company Profile
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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