Geberit AG (OTCMKTS:GBERY – Get Free Report) was the target of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 2,617 shares, a decline of 43.1% from the February 12th total of 4,597 shares. Based on an average daily volume of 11,063 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 11,063 shares, the short-interest ratio is presently 0.2 days.
Geberit Stock Down 1.3%
GBERY stock traded down $0.96 during mid-day trading on Thursday, reaching $71.59. 17,757 shares of the stock traded hands, compared to its average volume of 7,885. The business has a 50-day moving average of $79.12 and a two-hundred day moving average of $77.11. Geberit has a 52 week low of $58.94 and a 52 week high of $84.91.
Analyst Ratings Changes
Several equities analysts have weighed in on GBERY shares. Deutsche Bank Aktiengesellschaft upgraded Geberit to a “hold” rating in a report on Monday, December 8th. Citigroup reissued a “neutral” rating on shares of Geberit in a research note on Friday, November 14th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Geberit in a research report on Friday, January 23rd. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Geberit presently has an average rating of “Hold”.
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.
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