Smiths Group (OTCMKTS:SMGZY) Sets New 52-Week High – Here’s What Happened

Smiths Group plc (OTCMKTS:SMGZY) reached a new 52-week high on Wednesday . The stock traded as high as $27.57 and last traded at $27.57, with a volume of 20864 shares trading hands. The stock had previously closed at $27.14.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada reiterated a “sector perform” rating on shares of Smiths Group in a report on Monday, February 3rd.

Smiths Group Stock 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 firm’s 50 day moving average is $25.32 and its 200 day moving average is $23.86.

Smiths Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Friday, April 4th will be given a $0.1839 dividend. The ex-dividend date of this dividend is Friday, April 4th.

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.