GEA Group Aktiengesellschaft (GEAGY) Rating Lowered to Strong Sell at Zacks Investment Research

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Zacks Investment Research cut shares of GEA Group Aktiengesellschaft (OTCMKTS:GEAGY) from a hold rating to a strong sell rating in a report published on Monday, Zacks.com reports.

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. “

Separately, Barclays raised shares of GEA Group Aktiengesellschaft from an equal weight rating to an overweight rating in a research note on Friday, March 15th.

GEA Group Aktiengesellschaft stock opened at $26.69 on Monday. GEA Group Aktiengesellschaft has a 12-month low of $21.89 and a 12-month high of $39.79. The company has a current ratio of 1.28, a quick ratio of 0.91 and a debt-to-equity ratio of 0.11.

The company also recently declared an annual dividend, which will be paid on Thursday, May 9th. Investors of record on Tuesday, April 30th will be paid a dividend of $0.693 per share. This represents a yield of 2.71%. The ex-dividend date of this dividend is Monday, April 29th.

GEA Group Aktiengesellschaft Company Profile

GEA Group Aktiengesellschaft focuses on the development and production of process technology and components for the food processing industry worldwide. It operates in two segments, Business Area Equipment and Business Area Solutions. The Business Area Equipment segment offers separators, valves, pumps, homogenizers, and refrigeration compressors, as well as process technology solutions for food processing and packaging applications; and dairy equipment, feeding systems, and slurry engineering solutions.

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