Linde (ETR:LIN) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Linde plc (ETR:LINGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €426.45 ($463.53) and traded as high as €432.00 ($469.57). Linde shares last traded at €430.20 ($467.61), with a volume of 26,429 shares changing hands.

Linde Trading Down 1.0 %

The company has a current ratio of 0.96, a quick ratio of 0.56 and a debt-to-equity ratio of 56.83. The firm has a market capitalization of $211.45 billion, a price-to-earnings ratio of 33.23, a P/E/G ratio of 2.63 and a beta of 0.88. The firm’s 50-day moving average is €431.33 and its 200 day moving average is €426.49.

Linde Company Profile

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Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

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