Zacks Investment Research upgraded shares of GEA Group Aktiengesellschaft (OTCMKTS:GEAGY) from a strong sell rating to a hold rating in a report published on Wednesday morning.
According to Zacks, “GEA Group AG is a supplier of technology for the food industry. Its operating segment consists of GEA Food Solutions; GEA Farm Technologies; GEA Mechanical Equipment; GEA Process Engineering and GEA Refrigeration Technologies. GEA Group AG is headquartered in Düsseldorf, Germany. “
Shares of GEA Group Aktiengesellschaft (OTCMKTS:GEAGY) traded up $1.13 during trading hours on Wednesday, hitting $49.48. The stock had a trading volume of 5,263 shares, compared to its average volume of 5,913. GEA Group Aktiengesellschaft has a 12-month low of $38.71 and a 12-month high of $49.55.
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GEA Group AG is a German-based management holding company of the GEA Group which provides systems for food and energy processes. It operates five segments: GEA Food Solutions; GEA Farm Technologies; GEA Mechanical Equipment; GEA Process Engineering, and GEA Refrigeration Technologies. The GEA Food Solutions segment involves activities that feature standardized and customer-specific equipment.
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