Smiths Group (LON:SMIN) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Smiths Group plc (LON:SMIN)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,997.46 ($26.82) and traded as high as GBX 2,314 ($31.07). Smiths Group shares last traded at GBX 2,314 ($31.07), with a volume of 387,889 shares traded.

Smiths Group Stock Performance

The company’s 50 day simple moving average is GBX 2,175.23 and its 200 day simple moving average is GBX 1,997.46. The company has a debt-to-equity ratio of 29.55, a quick ratio of 1.29 and a current ratio of 2.07. The stock has a market cap of £7.94 billion, a PE ratio of 32.37, a price-to-earnings-growth ratio of 0.35 and a beta of 0.66.

Insiders Place Their Bets

In other news, insider Richard Howes acquired 95 shares of Smiths Group stock in a transaction on Thursday, May 1st. The stock was acquired at an average cost of GBX 1,859 ($24.96) per share, with a total value of £1,766.05 ($2,371.17). 0.61% of the stock is currently owned by 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.