Geberit AG (OTCMKTS:GBERY) Sees Large Drop in Short Interest

Geberit AG (OTCMKTS:GBERYGet Free Report) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 919 shares, a decline of 86.3% from the January 15th total of 6,705 shares. Based on an average trading volume of 17,060 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 17,060 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Morgan Stanley reaffirmed an “underweight” rating on shares of Geberit in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft raised shares of Geberit to a “hold” rating in a report on Monday, December 8th. Finally, Citigroup reissued a “neutral” rating on shares of Geberit in a research note on Friday, November 14th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Geberit currently has a consensus rating of “Reduce”.

View Our Latest Stock Report on Geberit

Geberit Price Performance

Geberit stock traded up $1.15 during trading on Tuesday, reaching $82.66. The company had a trading volume of 8,089 shares, compared to its average volume of 6,616. The firm’s 50-day simple moving average is $77.84 and its 200 day simple moving average is $76.68. Geberit has a 1-year low of $55.89 and a 1-year high of $82.71.

About Geberit

(Get Free Report)

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.

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