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Getinge AB (publ) (OTCMKTS:GNGBY) Share Price Crosses Below 50-Day Moving Average - Here's Why

Getinge AB (publ) logo with Medical background

Getinge AB (publ) (OTCMKTS:GNGBY - Get Free Report) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $16.62 and traded as low as $16.19. Getinge AB (publ) shares last traded at $16.37, with a volume of 68,270 shares.

Getinge AB (publ) Price Performance

The stock's 50 day simple moving average is $16.56 and its two-hundred day simple moving average is $18.42. The firm has a market cap of $4.44 billion, a P/E ratio of 27.65 and a beta of 0.79.

Getinge AB (publ) (OTCMKTS:GNGBY - Get Free Report) last released its earnings results on Friday, October 18th. The company reported $0.21 EPS for the quarter. The firm had revenue of $755.49 million for the quarter. Getinge AB (publ) had a return on equity of 8.27% and a net margin of 5.04%.

Getinge AB (publ) Company Profile

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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.

Further Reading

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