Getinge AB (publ) (OTCMKTS:GNGBY) Hits New 52-Week Low – Should You Sell?

Shares of Getinge AB (publ) (OTCMKTS:GNGBY) reached a new 52-week low during trading on Thursday . The stock traded as low as $14.84 and last traded at $14.91, with a volume of 101113 shares changing hands. The stock had previously closed at $15.09.

Getinge AB (publ) Price Performance

The business’s fifty day simple moving average is $19.43 and its two-hundred day simple moving average is $18.95. The company has a market cap of $4.06 billion, a PE ratio of 25.58 and a beta of 0.84.

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