Getinge (OTCMKTS:GNGBY) Shares Gap Up – Here’s What Happened

Getinge (OTCMKTS:GNGBY) gapped up prior to trading on Friday . The stock had previously closed at $19.9850, but opened at $20.74. Getinge shares last traded at $20.74, with a volume of 1,047 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Getinge to a “hold” rating in a report on Thursday, April 23rd. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Getinge Stock Performance

The stock has a market cap of $5.65 billion, a P/E ratio of 22.54 and a beta of 0.97. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.32 and a quick ratio of 0.86. The stock’s 50 day simple moving average is $20.52 and its two-hundred day simple moving average is $21.71.

About Getinge

Getinge AB is a global medical technology company that develops, manufactures and markets products and systems for hospitals and life sciences institutions. The company’s offerings focus on critical care, surgical workflows and infection control, aiming to improve clinical outcomes and operational efficiency. Getinge’s solutions support a range of applications from intensive care and cardiovascular treatments to sterile reprocessing of surgical instruments.

The company’s product portfolio includes sterilization and disinfection equipment, surgical tables and lights, ventilation systems, heart-lung machines and extracorporeal membrane oxygenation (ECMO) devices.