GEA Group (OTCMKTS:GEAGF) Trading Down 13.1% – What’s Next?

GEA Group AG (OTCMKTS:GEAGF) was down 13.1% during mid-day trading on Wednesday . The company traded as low as $64.8440 and last traded at $64.8440. Approximately 140 shares were traded during trading, a decline of 84% from the average daily volume of 880 shares. The stock had previously closed at $74.65.

Analysts Set New Price Targets

Separately, Berenberg Bank raised GEA Group to a “strong-buy” rating in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Strong Buy”.

GEA Group Stock Performance

The firm has a market capitalization of $10.56 billion, a P/E ratio of 27.95 and a beta of 0.25. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.71 and a current ratio of 1.07. The firm has a 50 day moving average price of $73.65 and a two-hundred day moving average price of $71.06.

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.