Short Interest in Geberit AG (OTCMKTS:GBERY) Declines By 86.3%

Geberit AG (OTCMKTS:GBERYGet Free Report) saw a significant drop in short interest in January. As of January 30th, there was short interest totaling 919 shares, a drop of 86.3% from the January 15th total of 6,705 shares. Based on an average daily trading volume, of 17,060 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 17,060 shares, the short-interest ratio is presently 0.1 days.

Geberit Stock Performance

Geberit stock opened at $82.66 on Wednesday. The company has a 50-day simple moving average of $77.95 and a 200-day simple moving average of $76.70. Geberit has a one year low of $55.89 and a one year high of $82.71.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on GBERY shares. Deutsche Bank Aktiengesellschaft upgraded shares of Geberit to a “hold” rating in a report on Monday, December 8th. Citigroup reissued a “neutral” rating on shares of Geberit in a research report on Friday, November 14th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Geberit in a research report on Friday, January 23rd. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.

Check Out Our Latest Research Report on GBERY

Geberit Company Profile

(Get Free Report)

Geberit AG is a Swiss-based manufacturer specializing in sanitary products and systems for residential, commercial and industrial applications. Headquartered in Rapperswil-Jona, Switzerland, the company develops and supplies installation systems, bathroom ceramics, faucets and piping solutions. Its product range encompasses concealed cisterns, flush plates, wall-hung toilets, washbasins, shower trays and underfloor heating systems, complemented by digital bathroom controls and smart water management technologies.

Founded in 1874, Geberit evolved from a regional metalworking business into a global market leader in sanitary technology.

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