Getinge AB (publ) (OTCMKTS:GNGBY) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

Shares of Getinge AB (publ) (OTCMKTS:GNGBY) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $20.30 and traded as high as $22.15. Getinge AB (publ) shares last traded at $22.08, with a volume of 5,574 shares.

Getinge AB (publ) Stock Performance

The stock has a market capitalization of $6.01 billion, a price-to-earnings ratio of 38.73 and a beta of 0.81. The company’s fifty day simple moving average is $20.30 and its 200 day simple moving average is $18.74. The company has a quick ratio of 0.50, a current ratio of 0.78 and a debt-to-equity ratio of 0.06.

Getinge AB (publ) (OTCMKTS:GNGBY) last issued its quarterly earnings data on Tuesday, January 28th. The company reported $0.49 earnings per share (EPS) for the quarter. Getinge AB (publ) had a return on equity of 9.84% and a net margin of 4.71%.

Getinge AB (publ) Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Thursday, April 24th will be issued a $0.4326 dividend. This is a positive change from Getinge AB (publ)’s previous dividend of $0.42. The ex-dividend date of this dividend is Thursday, April 24th. Getinge AB (publ)’s dividend payout ratio is currently 43.86%.

About Getinge AB (publ)

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.