Getinge AB (publ) (OTCMKTS:GNGBY) Short Interest Down 14.4% in August

Getinge AB (publ) (OTCMKTS:GNGBY) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totalling 11,300 shares, a decline of 14.4% from the August 15th total of 13,200 shares. Based on an average trading volume of 14,800 shares, the days-to-cover ratio is presently 0.8 days.

Getinge AB (publ) Price Performance

Shares of OTCMKTS:GNGBY opened at $22.13 on Wednesday. The business has a fifty day moving average price of $19.59 and a 200-day moving average price of $19.25. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.67 and a quick ratio of 0.98. The company has a market capitalization of $6.03 billion, a PE ratio of 28.01 and a beta of 0.82. Getinge AB has a 1-year low of $16.71 and a 1-year high of $22.80.

Getinge AB (publ) (OTCMKTS:GNGBY) last released its quarterly earnings data on Thursday, July 18th. The company reported $0.21 earnings per share for the quarter. The business had revenue of $776.85 million during the quarter. Getinge AB (publ) had a net margin of 7.76% and a return on equity of 8.56%.

About Getinge AB (publ)

Getinge AB (publ) provides products and solutions for operating rooms, intensive-care units, and sterilization departments. The company operates through Acute Care Therapies, Life Science, and Surgical Workflows segments. It offers extracorporeal membrane oxygenation, mechanical ventilation, mechanical circulatory support, advanced patient monitoring, ICU infrastructure equipment, patient flow management, and drainage solutions.