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Gemalto NV (OTC:GTOMY) has been downgraded from Hold to Sell in a statement by Berenberg Bank earlier today.

Having a price of $33.19, Gemalto NV (OTC:GTOMY) traded -5.99% lower on the day. With the last close up 0.63% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. GTOMY has recorded a 50-day average of $33.88 and a two hundred day average of $32.65. Trade Volume was down over the average, with 3,682 shares of GTOMY changing hands under the typical 21,020

Berenberg Bank has downgraded Gemalto NV (OTC:GTOMY) from Hold to Sell in a statement released on 9/27/2016.

Recent Performance Chart

Gemalto NV (OTC:GTOMY)

Gemalto NV has PE ratio of 29.38 with a one year low of $27.13 and a one year high of $37.38 and has a market capitalization of $0.

General Company Details For Gemalto NV (OTC:GTOMY)

Gemalto N.V. provides digital security products and services worldwide. It operates in two segments, Payment & Identity and Mobile. The Payment & Identity segment offers chip cards, mobile financial services, and contactless payment solutions, as well as sells subscriber authentication and rights management solutions to Pay TV service providers. This segment also provides secure electronic identity documents, including ePassports and badges; multi-factor online authentication and transaction solutions, as well as a range of support services; and data encryption systems and software monetization solutions. This segment serves financial institutions, retailers, mass transit authorities, government agencies, and government service providers, as well as enterprises of various sizes. The Mobile segment offers various solutions for mobile network operators, such as subscriber identification modules and universal integrated circuit cards, and back-office platforms; and services, including roaming optimization, mobile payment, mobile marketing, personal data management, and trusted services management. This segment also provides industrial solutions that enable machine-to-machine (M2M) data exchange through hardware modules and operating software, which connect machines to digital networks, as well as cloud-based M2M application enablement and late-stage personalization platforms to enhance operations, productivity, and efficiency in the Internet of things for utilities, health, and automotive markets. In addition, it licenses its intellectual property and provides security and other technology advisory services. The company was formerly known as Axalto Holding N.V. and changed its name to Gemalto N.V. in June 2006. Gemalto N.V. was incorporated in 2002 and is headquartered in Amsterdam, the Netherlands.

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