Smiths Group (LON:SMIN) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Smiths Group plc (LON:SMIN)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,753.72 ($22.12) and traded as high as GBX 2,122 ($26.77). Smiths Group shares last traded at GBX 2,107.56 ($26.59), with a volume of 988,650 shares trading hands.

Smiths Group Stock Down 0.6 %

The company has a debt-to-equity ratio of 29.55, a quick ratio of 1.29 and a current ratio of 2.07. The business has a 50 day simple moving average of GBX 1,842.06 and a 200-day simple moving average of GBX 1,753.72. The firm has a market capitalization of £7.17 billion, a price-to-earnings ratio of 29.23, a P/E/G ratio of 0.35 and a beta of 0.66.

Insider Activity at Smiths Group

In other news, insider Richard Howes purchased 87 shares of Smiths Group stock in a transaction dated Monday, February 3rd. The shares were purchased at an average price of GBX 2,030 ($25.61) per share, with a total value of £1,766.10 ($2,227.96). 0.61% of the stock is currently owned by insiders.

About Smiths Group

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