Getinge AB (publ) (OTCMKTS:GNGBY) Stock Passes Below 50 Day Moving Average – Here’s Why

Getinge AB (publ) (OTCMKTS:GNGBY) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $20.57 and traded as low as $20.56. Getinge AB (publ) shares last traded at $20.60, with a volume of 13,292 shares trading hands.

Getinge AB (publ) Stock Up 0.3 %

The company has a market capitalization of $5.61 billion, a price-to-earnings ratio of 26.08 and a beta of 0.82. The firm’s 50 day moving average price is $20.57 and its two-hundred day moving average price is $19.42. The company has a current ratio of 1.67, a quick ratio of 0.98 and a debt-to-equity ratio of 0.20.

Getinge AB (publ) (OTCMKTS:GNGBY) last released its quarterly earnings data on Thursday, July 18th. The company reported $0.21 earnings per share (EPS) for the quarter. Getinge AB (publ) had a return on equity of 8.56% and a net margin of 7.76%. The firm had revenue of $776.85 million for the quarter.

About Getinge AB (publ)

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.