Geberit (OTCMKTS:GBERY) Reaches New 12-Month Low – Here’s What Happened

Geberit AG (OTCMKTS:GBERY)’s stock price reached a new 52-week low on Tuesday . The company traded as low as $63.37 and last traded at $63.45, with a volume of 1950 shares traded. The stock had previously closed at $64.60.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Morgan Stanley reissued an “underweight” rating on shares of Geberit in a research note on Friday, January 23rd. Zacks Research upgraded Geberit to a “hold” rating in a report on Wednesday, May 13th. Four analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Reduce”.

Geberit Trading Down 2.3%

The stock’s 50-day moving average is $68.32 and its 200-day moving average is $74.89. The stock has a market cap of $21.28 billion and a price-to-earnings ratio of 52.67.

About Geberit

Geberit AG is a Swiss-based manufacturer specializing in sanitary products and systems for residential, commercial and industrial applications. Headquartered in Rapperswil-Jona, Switzerland, the company develops and supplies installation systems, bathroom ceramics, faucets and piping solutions. Its product range encompasses concealed cisterns, flush plates, wall-hung toilets, washbasins, shower trays and underfloor heating systems, complemented by digital bathroom controls and smart water management technologies.

Founded in 1874, Geberit evolved from a regional metalworking business into a global market leader in sanitary technology.