Smiths Group (OTCMKTS:SMGZY) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Smiths Group plc (OTCMKTS:SMGZY)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $25.10 and traded as high as $26.21. Smiths Group shares last traded at $26.18, with a volume of 3,811 shares traded.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on SMGZY shares. Royal Bank of Canada restated a “sector perform” rating on shares of Smiths Group in a research note on Monday, February 3rd. Citigroup raised Smiths Group to a “strong-buy” rating in a report on Thursday, November 28th.

Smiths Group Price Performance

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 company has a 50 day moving average price of $25.10 and a two-hundred day moving average price of $23.11.

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.