Smiths Group (LON:SMIN) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of Smiths Group plc (LON:SMIN) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,790.94 ($23.17) and traded as high as GBX 1,984.48 ($25.67). Smiths Group shares last traded at GBX 1,975.77 ($25.56), with a volume of 903,241 shares.

Smiths Group Stock Performance

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 company has a market capitalization of £6.73 billion, a PE ratio of 27.45, a P/E/G ratio of 0.35 and a beta of 0.66. The stock has a 50-day simple moving average of GBX 1,949.45 and a 200 day simple moving average of GBX 1,791.03.

Insider Buying and Selling

In other Smiths Group news, insider Richard Howes bought 87 shares of the business’s stock in a transaction on Monday, February 3rd. The stock was bought at an average price of GBX 2,030 ($26.26) per share, for a total transaction of £1,766.10 ($2,284.44). Insiders own 0.61% of the company’s stock.

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.