Smiths Group plc (OTCMKTS:SMGZY – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $22.95 and traded as low as $21.33. Smiths Group shares last traded at $21.63, with a volume of 8,000 shares changing hands.
Analyst Ratings Changes
A number of brokerages have recently commented on SMGZY. Berenberg Bank upgraded Smiths Group to a “hold” rating in a research report on Friday, August 23rd. Barclays raised shares of Smiths Group to a “hold” rating in a research note on Monday, September 30th.
Read Our Latest Analysis on Smiths Group
Smiths Group Stock Performance
Smiths Group Increases Dividend
The company also recently announced a dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, October 18th will be paid a dividend of $0.378 per share. This is an increase from Smiths Group’s previous dividend of $0.16. The ex-dividend date is Friday, October 18th.
About Smiths Group
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.
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