Getinge AB (publ) (OTCMKTS:GNGBY) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

Getinge AB (publ) (OTCMKTS:GNGBY) 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) Stock Performance

The stock has a market capitalization of $4.44 billion, a PE ratio of 27.65 and a beta of 0.79. The business’s 50-day moving average is $16.50 and its two-hundred day moving average is $18.41.

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