Gardner Denver Holdings Inc (NYSE:GDI) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $31.99 and traded as high as $33.67. Gardner Denver shares last traded at $33.67, with a volume of 16,093 shares trading hands.
Several research firms have issued reports on GDI. TheStreet lowered Gardner Denver from a “b-” rating to a “c” rating in a research note on Friday, August 23rd. Credit Suisse Group lowered Gardner Denver from an “outperform” rating to a “neutral” rating and lifted their target price for the company from $30.00 to $32.00 in a research note on Wednesday, October 30th. CIBC upgraded Gardner Denver from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $31.00 to $35.00 in a research note on Friday, November 8th. Zacks Investment Research upgraded Gardner Denver from a “sell” rating to a “hold” rating in a research note on Tuesday, October 29th. Finally, Barclays reiterated a “hold” rating and issued a $30.00 target price on shares of Gardner Denver in a research note on Wednesday, September 4th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $34.18.
The company has a debt-to-equity ratio of 0.89, a current ratio of 2.51 and a quick ratio of 1.60. The firm has a market cap of $6.89 billion, a price-to-earnings ratio of 26.09 and a beta of 1.45. The firm has a fifty day simple moving average of $31.42 and a two-hundred day simple moving average of $31.99.
Hedge funds and other institutional investors have recently modified their holdings of the business. Capital Investment Advisory Services LLC acquired a new stake in Gardner Denver in the second quarter worth about $33,000. Quest Capital Management Inc. ADV acquired a new stake in Gardner Denver in the third quarter worth about $34,000. NumerixS Investment Technologies Inc acquired a new stake in Gardner Denver in the second quarter worth about $45,000. Aperio Group LLC acquired a new stake in Gardner Denver in the second quarter worth about $115,000. Finally, FNY Investment Advisers LLC acquired a new stake in Gardner Denver in the second quarter worth about $138,000. 98.87% of the stock is owned by institutional investors and hedge funds.
Gardner Denver Company Profile (NYSE:GDI)
Gardner Denver Holdings, Inc provides mission-critical flow control and compression equipment; and associated aftermarket parts, consumables, and services in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through three segments: Industrials, Energy, and Medical.
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