Getinge (OTCMKTS:GNGBY) Shares Gap Down – Here’s What Happened

Getinge (OTCMKTS:GNGBY)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $21.56, but opened at $20.65. Getinge shares last traded at $20.65, with a volume of 7,780 shares.

Getinge Trading Up 0.9%

The business’s fifty day moving average price is $20.92 and its 200 day moving average price is $22.22. The company has a market cap of $5.62 billion, a price-to-earnings ratio of 23.98 and a beta of 1.10. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.32 and a quick ratio of 0.86.

Getinge (OTCMKTS:GNGBY) last announced its earnings results on Tuesday, January 27th. The company reported $0.47 earnings per share for the quarter. Getinge had a net margin of 6.54% and a return on equity of 10.60%. The business had revenue of $1.08 billion during the quarter.

About Getinge

Getinge AB is a global medical technology company that develops, manufactures and markets products and systems for hospitals and life sciences institutions. The company’s offerings focus on critical care, surgical workflows and infection control, aiming to improve clinical outcomes and operational efficiency. Getinge’s solutions support a range of applications from intensive care and cardiovascular treatments to sterile reprocessing of surgical instruments.

The company’s product portfolio includes sterilization and disinfection equipment, surgical tables and lights, ventilation systems, heart-lung machines and extracorporeal membrane oxygenation (ECMO) devices.