Zacks Research downgraded shares of GEA Group (OTCMKTS:GEAGF – Free Report) from a strong-buy rating to a hold rating in a report issued on Monday morning,Zacks reports.
GEA Group Price Performance
Shares of OTCMKTS GEAGF opened at $70.46 on Monday. The company’s 50 day moving average price is $70.46 and its 200-day moving average price is $69.49. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.70 and a current ratio of 1.06. GEA Group has a 52-week low of $63.21 and a 52-week high of $78.65. The company has a market capitalization of $11.47 billion, a P/E ratio of 29.12 and a beta of 0.20.
About GEA Group
GEA Group AG is a Germany-based engineering and technology company that develops process solutions and equipment for the food, beverage, dairy, pharmaceutical, chemical and other industrial sectors. The company helps customers design, build and operate production systems, with a focus on improving efficiency, hygiene, automation and resource use.
Its products and services include separation systems, pumps and valves, homogenizers, process automation, evaporation and drying equipment, filling and packaging machinery, and refrigeration and heating technologies.
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