Smiths Group (OTCMKTS:SMGZY) Hits New 12-Month High – Should You Buy?

Shares of Smiths Group plc (OTCMKTS:SMGZY) reached a new 52-week high during trading on Friday . The stock traded as high as $26.00 and last traded at $25.60, with a volume of 10457 shares changing hands. The stock had previously closed at $23.55.

Analyst Ratings Changes

Separately, Citigroup upgraded shares of Smiths Group to a “strong-buy” rating in a research report on Thursday, November 28th.

Smiths Group Trading Up 8.7 %

The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 2.07. The stock’s 50 day simple moving average is $22.37 and its two-hundred day simple moving average is $22.28.

Smiths Group Company Profile

Smiths Group plc operates as a technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane division offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.