Geberit (OTCMKTS:GBERY) Reaches New 52-Week Low – What’s Next?

Geberit AG (OTCMKTS:GBERY)’s share price hit a new 52-week low on Tuesday . The company traded as low as $63.37 and last traded at $63.45, with a volume of 1950 shares. The stock had previously closed at $64.60.

Wall Street Analysts Forecast Growth

Several research analysts have commented on GBERY shares. Morgan Stanley reissued an “underweight” rating on shares of Geberit in a research report on Friday, January 23rd. Zacks Research raised Geberit to a “hold” rating in a research report on Wednesday, May 13th. Four analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Geberit presently has a consensus rating of “Reduce”.

Geberit Price Performance

The company’s 50-day simple moving average is $68.32 and its 200-day simple moving average is $74.89. The company has a market cap of $21.28 billion and a price-to-earnings ratio of 52.67.

Geberit Company Profile

Geberit AG is a Swiss-based manufacturer specializing in sanitary products and systems for residential, commercial and industrial applications. Headquartered in Rapperswil-Jona, Switzerland, the company develops and supplies installation systems, bathroom ceramics, faucets and piping solutions. Its product range encompasses concealed cisterns, flush plates, wall-hung toilets, washbasins, shower trays and underfloor heating systems, complemented by digital bathroom controls and smart water management technologies.

Founded in 1874, Geberit evolved from a regional metalworking business into a global market leader in sanitary technology.