GEA Group Aktiengesellschaft (OTCMKTS:GEAGF) Reaches New 52-Week High – Here’s What Happened

GEA Group Aktiengesellschaft (OTCMKTS:GEAGF)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $51.63 and last traded at $51.63, with a volume of 0 shares changing hands. The stock had previously closed at $51.63.

Analysts Set New Price Targets

Separately, Citigroup upgraded shares of GEA Group Aktiengesellschaft to a “strong-buy” rating in a research report on Friday, September 20th.

GEA Group Aktiengesellschaft Stock Performance

The business’s fifty day moving average price is $48.31 and its 200 day moving average price is $43.50.

GEA Group Aktiengesellschaft (OTCMKTS:GEAGF) last announced its earnings results on Tuesday, August 6th. The company reported $0.71 earnings per share (EPS) for the quarter. The business had revenue of $1.42 billion during the quarter. GEA Group Aktiengesellschaft had a return on equity of 18.22% and a net margin of 7.56%.

GEA Group Aktiengesellschaft Company Profile

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.