Getinge AB (publ) (OTCMKTS:GNGBY) Hits New 52-Week Low – Here’s Why

Shares of Getinge AB (publ) (OTCMKTS:GNGBY) reached a new 52-week low during trading on Tuesday . The company traded as low as $16.70 and last traded at $16.83, with a volume of 46168 shares trading hands. The stock had previously closed at $17.56.

Getinge AB (publ) Stock Performance

The firm’s fifty day moving average price is $19.87 and its 200-day moving average price is $19.13.

Getinge AB (publ) (OTCMKTS:GNGBY) last announced 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.