Smiths Group (LON:SMIN) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Smiths Group plc (LON:SMIN) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,800.52 ($23.27) and traded as high as GBX 2,004 ($25.89). Smiths Group shares last traded at GBX 1,997 ($25.80), with a volume of 873,870 shares traded.

Smiths Group Trading Up 0.9 %

The company has a debt-to-equity ratio of 29.55, a current ratio of 2.07 and a quick ratio of 1.29. The firm has a market cap of £6.80 billion, a PE ratio of 27.74, a price-to-earnings-growth ratio of 0.35 and a beta of 0.66. The company’s 50 day moving average price is GBX 1,979.67 and its 200 day moving average price is GBX 1,800.52.

Insider Buying and Selling at Smiths Group

In related news, insider Richard Howes purchased 87 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were bought at an average price of GBX 2,030 ($26.23) per share, for a total transaction of £1,766.10 ($2,282.08). 0.61% of the stock is currently owned by corporate insiders.

Smiths Group Company Profile

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.