GEA Group Aktiengesellschaft (OTCMKTS:GEAGY) Coverage Initiated at Berenberg Bank

Stock analysts at Berenberg Bank initiated coverage on shares of GEA Group Aktiengesellschaft (OTCMKTS:GEAGY) in a report released on Thursday, Marketbeat.com reports. The firm set a “buy” rating on the industrial products company’s stock.

GEA Group Aktiengesellschaft Trading Up 4.1%

Shares of OTCMKTS:GEAGY opened at $40.59 on Thursday. The firm has a market cap of $7.33 billion, a price-to-earnings ratio of -34.99 and a beta of 1.16. GEA Group Aktiengesellschaft has a 12 month low of $33.21 and a 12 month high of $40.75. The company’s fifty day simple moving average is $40.59 and its 200 day simple moving average is $40.59. The company has a quick ratio of 0.97, a current ratio of 1.35 and a debt-to-equity ratio of 0.25.

About GEA Group Aktiengesellschaft

GEA Group Aktiengesellschaft is a Germany‐based engineering company specializing in process technology and components for the food, beverage, pharmaceutical and chemical industries. The company designs and manufactures equipment such as separators, decanters, heat exchangers and membrane filtration systems, as well as providing complete process lines for dairy processing, brewing, powder processing and liquid food production. GEA also offers tailored services in refrigeration, air handling and thermal cooling, helping customers optimize production efficiency and maintain product quality.

In addition to core process machinery, GEA supplies hygienic fittings, valves, pumps and homogenizers that meet stringent industry standards for safety and sanitation.