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Getinge AB (publ) (OTCMKTS:GNGBY) Shares Cross Below 50 Day Moving Average - Should You Sell?

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 Tuesday . The stock has a 50-day moving average of $20.67 and traded as low as $18.43. Getinge AB (publ) shares last traded at $18.43, with a volume of 10,838 shares trading hands.

Getinge AB (publ) Trading Down 1.8 %

The company has a market cap of $4.93 billion, a PE ratio of 23.33 and a beta of 0.82. The company has a current ratio of 1.67, a quick ratio of 0.98 and a debt-to-equity ratio of 0.20. The stock has a 50 day moving average price of $20.64 and a 200 day moving average price of $19.36.

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 company had revenue of $755.49 million during the quarter. Getinge AB (publ) had a return on equity of 8.24% and a net margin of 5.04%.

About Getinge AB (publ)

(Get Free Report)

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.

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