Getinge (OTCMKTS:GNGBY) Shares Gap Up – Time to Buy?

Getinge (OTCMKTS:GNGBY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $19.9850, but opened at $20.74. Getinge shares last traded at $20.74, with a volume of 1,047 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Getinge to a “hold” rating in a report on Thursday, April 23rd. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold”.

Getinge Stock Up 3.8%

The company has a debt-to-equity ratio of 0.27, a current ratio of 1.32 and a quick ratio of 0.86. The firm has a market cap of $5.65 billion, a price-to-earnings ratio of 22.54 and a beta of 0.97. The firm has a 50 day moving average price of $20.52 and a 200-day moving average price of $21.71.

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.