Smiths Group (LON:SMIN) Stock Price Crosses 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 Thursday . The stock has a 200-day moving average of GBX 1,724.72 ($21.37) and traded as high as GBX 1,874 ($23.22). Smiths Group shares last traded at GBX 1,867.43 ($23.14), with a volume of 522,918 shares.

Smiths Group Stock Up 10.8 %

The firm’s 50-day moving average price is GBX 1,775.44 and its two-hundred day moving average price is GBX 1,728.50. The company has a debt-to-equity ratio of 29.84, a quick ratio of 1.29 and a current ratio of 2.07. The firm has a market cap of £7.09 billion, a PE ratio of 2,869.44, a P/E/G ratio of 0.35 and a beta of 0.66.

Insider Activity at Smiths Group

In other news, insider Mark Seligman bought 4,000 shares of the stock in a transaction dated Wednesday, November 13th. The shares were acquired at an average price of GBX 1,726 ($21.39) per share, with a total value of £69,040 ($85,562.03). 0.61% of the stock is 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.