GEA Group Aktiengesellschaft (OTCMKTS:GEAGY) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

GEA Group Aktiengesellschaft (OTCMKTS:GEAGYGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $40.59 and traded as high as $40.64. GEA Group Aktiengesellschaft shares last traded at $40.5850, with a volume of 2,200 shares.

Analysts Set New Price Targets

Separately, Morgan Stanley upgraded GEA Group Aktiengesellschaft from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Get Our Latest Research Report on GEAGY

GEA Group Aktiengesellschaft Trading Up 4.1%

The stock’s fifty day simple moving average is $40.59 and its 200-day simple moving average is $40.59. The firm has a market cap of $7.33 billion, a PE ratio of -34.99 and a beta of 1.16. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.35 and a quick ratio of 0.97.

About GEA Group Aktiengesellschaft

(Get Free Report)

GEA Group Aktiengesellschaft is a Germany‐based engineering company specializing in process technology and components for the food, beverage, pharmaceutical and chemical industries. The company designs and manufactures equipment such as separators, decanters, heat exchangers and membrane filtration systems, as well as providing complete process lines for dairy processing, brewing, powder processing and liquid food production. GEA also offers tailored services in refrigeration, air handling and thermal cooling, helping customers optimize production efficiency and maintain product quality.

In addition to core process machinery, GEA supplies hygienic fittings, valves, pumps and homogenizers that meet stringent industry standards for safety and sanitation.

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