GEA Group (OTCMKTS:GEAGF) Upgraded at Berenberg Bank

GEA Group (OTCMKTS:GEAGF) was upgraded by equities researchers at Berenberg Bank to a “strong-buy” rating in a note issued to investors on Thursday,Zacks.com reports.

GEA Group Stock Performance

Shares of GEA Group stock opened at $69.55 on Thursday. The business has a 50 day simple moving average of $66.88 and a two-hundred day simple moving average of $71.29. GEA Group has a 12 month low of $51.24 and a 12 month high of $75.45. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.07 and a quick ratio of 0.71.

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.