Geberit AG (OTCMKTS:GBERY – Get Free Report)’s share price traded up 0.6% during mid-day trading on Thursday. The stock traded as high as $68.36 and last traded at $68.20. Approximately 11,112 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 26,119 shares. The stock had previously closed at $67.76.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on GBERY shares. Citigroup restated a “neutral” rating on shares of Geberit in a research report on Monday, August 24th. Morgan Stanley reiterated an “underweight” rating on shares of Geberit in a report on Thursday, July 2nd. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Geberit presently has a consensus rating of “Reduce”.
View Our Latest Research Report on Geberit
Geberit Price Performance
The business’s 50-day simple moving average is $67.31 and its 200-day simple moving average is $66.47.
About Geberit
Geberit AG is a Switzerland-based manufacturer of sanitary products and systems for residential, commercial and public buildings. The company develops solutions designed to manage water use, drainage and bathroom installations, serving professional customers such as plumbers, architects, developers and distributors.
Its product portfolio includes concealed cisterns and installation systems, drainage and supply piping systems, bathroom ceramics, faucets, shower solutions and other bathroom products.
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