GEA Group Aktiengesellschaft (OTCMKTS:GEAGF – Get Free Report) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 20,600 shares, an increase of 22.6% from the November 30th total of 16,800 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 206.0 days.
GEA Group Aktiengesellschaft Price Performance
Shares of OTCMKTS:GEAGF remained flat at $51.33 during midday trading on Tuesday. The firm’s 50-day moving average is $49.78 and its 200-day moving average is $46.58. GEA Group Aktiengesellschaft has a 1 year low of $39.32 and a 1 year high of $52.05.
Wall Street Analysts Forecast Growth
Separately, Citigroup upgraded shares of GEA Group Aktiengesellschaft to a “strong-buy” rating in a research report on Friday, September 20th.
About GEA Group Aktiengesellschaft
GEA Group Aktiengesellschaft engages in the development and production of systems and components to the food, beverage, and pharmaceutical industries. It operates through Separation & Flow Technologies, Liquid & Power Technologies, Food & Health Technologies, Farm Technologies, and Heating & Refrigeration Technologies segments.
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