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

GEA Group AG (OTCMKTS:GEAGF) shares gapped down prior to trading on Friday . The stock had previously closed at $78.6525, but opened at $63.2075. GEA Group shares last traded at $63.2075, with a volume of 3,855 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upgraded shares of GEA Group to a “strong-buy” rating in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Strong Buy”.

GEA Group Stock Performance

The firm has a market cap of $10.29 billion, a price-to-earnings ratio of 27.24 and a beta of 0.25. The stock’s 50 day moving average is $75.13 and its 200 day moving average is $71.43. The company has a current ratio of 1.07, a quick ratio of 0.71 and a debt-to-equity ratio of 0.07.

GEA Group Company Profile

GEA Group AG is a Germany-based provider of process technology and engineering solutions for a wide range of industries, including food and beverage, pharmaceutical, chemical and petroleum. The company specializes in the design, manufacture and installation of equipment and systems that support processes such as heating, cooling, mixing, separation, evaporation and transportation of liquids and powders. Its product portfolio spans centrifuges, separators, heat exchangers, pasteurizers, homogenizers, filtration and membrane systems, as well as advanced automation and digitalization tools to optimize plant performance and ensure product safety.

With origins dating back to the late 19th century, GEA has evolved from a regional metal trading enterprise into a global technology group.