Smiths Group (OTCMKTS:SMGZY) Upgraded to Hold at Barclays

Barclays upgraded shares of Smiths Group (OTCMKTS:SMGZY) to a hold rating in a report issued on Monday morning, Zacks.com reports.

Separately, Berenberg Bank upgraded shares of Smiths Group to a hold rating in a report on Friday, August 23rd.

Smiths Group Stock Performance

Smiths Group stock opened at $22.52 on Monday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.16 and a current ratio of 1.91. Smiths Group has a 52-week low of $18.49 and a 52-week high of $24.49. The firm has a 50 day moving average price of $23.14 and a two-hundred day moving average price of $21.99.

Smiths Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, October 18th will be given 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.