Getinge AB (publ) (OTCMKTS:GNGBY) Share Price Crosses Below 50-Day Moving Average – Here’s What Happened

Shares of Getinge AB (publ) (OTCMKTS:GNGBY) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $20.30 and traded as low as $17.36. Getinge AB (publ) shares last traded at $17.36, with a volume of 8,211 shares changing hands.

Getinge AB (publ) Price Performance

The business has a 50-day moving average price of $20.30 and a 200-day moving average price of $19.28.

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

Getinge AB (publ) Company Profile

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.