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GEA Group (OTCMKTS:GEAGF) Hits New 52-Week High - Here's What Happened

GEA Group logo with Industrials background

Key Points

  • GEA Group's share price reached a new 52-week high of $75.45, closing at that price with 221 shares traded.
  • Citigroup downgraded GEA Group from a "strong-buy" to a "hold" rating on May 19th, indicating a shift in market sentiment.
  • The company's financial ratios show a low debt-to-equity ratio of 0.05 and a current ratio of 1.08, suggesting solid financial stability.
  • MarketBeat previews the top five stocks to own by September 1st.

GEA Group AG (OTCMKTS:GEAGF - Get Free Report)'s share price hit a new 52-week high on Monday . The stock traded as high as $75.45 and last traded at $75.45, with a volume of 221 shares changing hands. The stock had previously closed at $68.95.

Wall Street Analyst Weigh In

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

Check Out Our Latest Analysis on GEAGF

GEA Group Trading Up 9.4%

The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.73 and a current ratio of 1.08. The firm's 50-day moving average price is $68.79 and its 200 day moving average price is $61.98.

GEA Group Company Profile

(Get Free Report)

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.

See Also

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