Geberit AG (OTCMKTS:GBERY) Sees Large Decline in Short Interest

Geberit AG (OTCMKTS:GBERYGet Free Report) was the target of a large drop in short interest in January. As of January 30th, there was short interest totaling 919 shares, a drop of 86.3% from the January 15th total of 6,705 shares. Based on an average daily trading volume, of 17,060 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 17,060 shares, the short-interest ratio is presently 0.1 days.

Geberit Stock Up 0.1%

Geberit stock opened at $82.66 on Thursday. The stock has a 50-day moving average price of $78.06 and a 200 day moving average price of $76.74. Geberit has a 52 week low of $55.92 and a 52 week high of $82.73.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Citigroup reaffirmed a “neutral” rating on shares of Geberit in a research report on Friday, November 14th. Morgan Stanley reiterated an “underweight” rating on shares of Geberit in a research note on Friday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft upgraded Geberit to a “hold” rating in a research note on Monday, December 8th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

View Our Latest Report on GBERY

About Geberit

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Geberit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geberit and related companies with MarketBeat.com's FREE daily email newsletter.