GETINGE (OTCMKTS:GNGBY) Announces Quarterly Earnings Results

GETINGE (OTCMKTS:GNGBY) announced its quarterly earnings results on Tuesday. The company reported $0.25 EPS for the quarter, Zacks reports. The firm had revenue of $864.74 million for the quarter. GETINGE had a net margin of 5.77% and a return on equity of 10.71%.

GETINGE Stock Performance

GNGBY stock opened at $23.70 on Thursday. GETINGE has a 52 week low of $14.84 and a 52 week high of $23.72. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.22 and a quick ratio of 0.70. The company’s 50-day moving average price is $22.10 and its 200 day moving average price is $20.46.

Analyst Upgrades and Downgrades

Separately, Nordea Equity Research upgraded shares of GETINGE from a “hold” rating to a “buy” rating in a research note on Wednesday. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

About GETINGE

Getinge AB (publ) provides products and solutions for operating rooms, intensive-care units, and sterilization departments. The company operates through Acute Care Therapies, Life Science, and Surgical Workflows segments. It offers extracorporeal membrane oxygenation, mechanical ventilation, mechanical circulatory support, advanced patient monitoring, ICU infrastructure equipment, patient flow management, and drainage solutions.