GEA Group (OTCMKTS:GEAGF) Shares Gap Up – Time to Buy?

GEA Group AG (OTCMKTS:GEAGF)’s share price gapped up prior to trading on Friday. The stock had previously closed at $68.95, but opened at $78.1819. GEA Group shares last traded at $78.1819, with a volume of 118 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of GEA Group from a “strong-buy” rating to a “hold” rating in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

GEA Group Price Performance

The company has a current ratio of 1.06, a quick ratio of 0.70 and a debt-to-equity ratio of 0.08. The stock has a market cap of $12.73 billion, a PE ratio of 32.31 and a beta of 0.20. The company has a fifty day moving average of $70.46 and a 200-day moving average of $69.43.

GEA Group Company Profile

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.