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

Getinge AB (publ) (OTCMKTS:GNGBY)’s share price passed 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 Up -0.4 %

The firm has a market capitalization of $4.44 billion, a PE ratio of 27.65 and a beta of 0.79. The business’s fifty day moving average price is $16.50 and its 200 day moving average price is $18.41.

Getinge AB (publ) (OTCMKTS:GNGBY) last announced its quarterly earnings data on Friday, October 18th. The company reported $0.21 earnings per share for the quarter. Getinge AB (publ) had a net margin of 5.04% and a return on equity of 8.27%. The business had revenue of $755.49 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.