Getinge AB (publ) (OTCMKTS:GNGBY) Short Interest Update

Getinge AB (publ) (OTCMKTS:GNGBY) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 11,300 shares, a drop of 14.4% from the August 15th total of 13,200 shares. Based on an average daily volume of 14,800 shares, the days-to-cover ratio is presently 0.8 days.

Getinge AB (publ) Stock Performance

GNGBY opened at $22.13 on Wednesday. Getinge AB has a 1-year low of $16.71 and a 1-year high of $22.80. The company has a market cap of $6.03 billion, a price-to-earnings ratio of 27.72 and a beta of 0.82. The company’s fifty day moving average price is $19.59 and its two-hundred day moving average price is $19.25. 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 posted its earnings results on Thursday, July 18th. The company reported $0.21 earnings per share for the quarter. The company had revenue of $776.85 million for the quarter. Getinge AB (publ) had a net margin of 7.76% and a return on equity of 8.56%.

Getinge AB (publ) Company Profile

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.