GEA Group Aktiengesellschaft (OTCMKTS:GEAGF) Reaches New 52-Week High – Should You Buy?

GEA Group Aktiengesellschaft (OTCMKTS:GEAGFGet Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $51.63 and last traded at $51.63, with a volume of 6050 shares. The stock had previously closed at $48.41.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Analysis on GEA Group Aktiengesellschaft

GEA Group Aktiengesellschaft Trading Up 6.7 %

The company’s fifty day simple moving average is $47.26 and its two-hundred day simple moving average is $43.09.

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

About GEA Group Aktiengesellschaft

(Get Free Report)

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.

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