GEA Group AG (OTCMKTS:GEAGF) Short Interest Update

Key Points

• GEA Group AG experienced a significant increase in short interest of 146.5% in July, bringing the total to 69,500 shares, which indicates a potentially bearish sentiment among investors.
• Citigroup downgraded GEA Group from a "strong-buy" rating to a "hold" rating on May 19th, reflecting a more cautious outlook on the stock.
• The company's stock has a current trading range with a 12 month low of $44.84 and a high of $69.11, indicating notable volatility within the past year.

GEA Group AG (OTCMKTS:GEAGF - Get Free Report) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 69,500 shares, anincreaseof146.5% from the June 30th total of 28,200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 695.0 days. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 695.0 days.

GEA Group Stock Performance

Shares of GEA Group stock opened at $68.95 on Monday. The business has a fifty day simple moving average of $68.79 and a 200-day simple moving average of $61.98. The company has a quick ratio of 0.73, a current ratio of 1.08 and a debt-to-equity ratio of 0.05. GEA Group has a 12 month low of $44.84 and a 12 month high of $69.11.

Analyst Upgrades and Downgrades

Separately, Citigroup lowered GEA Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 19th.

About GEA Group

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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