Smiths Group (LON:SMIN) Stock Price Up 10.8% – What’s Next?

Smiths Group plc (LON:SMIN)’s stock price traded up 10.8% during trading on Saturday . The stock traded as high as GBX 2,188 ($27.12) and last traded at GBX 2,066 ($25.60). 5,864,697 shares traded hands during mid-day trading, an increase of 75% from the average session volume of 3,346,268 shares. The stock had previously closed at GBX 1,865 ($23.11).

Smiths Group Price Performance

The firm has a 50-day simple moving average of GBX 1,767.96 and a two-hundred day simple moving average of GBX 1,725.95. The company has a market capitalization of £7.09 billion, a price-to-earnings ratio of 2,869.44, a P/E/G ratio of 0.35 and a beta of 0.66. The company has a current ratio of 2.07, a quick ratio of 1.29 and a debt-to-equity ratio of 29.84.

Insider Buying and Selling

In other news, insider Mark Seligman acquired 4,000 shares of the firm’s stock in a transaction on Wednesday, November 13th. The stock was acquired at an average price of GBX 1,726 ($21.39) per share, for a total transaction of £69,040 ($85,562.03). 0.61% of the stock is owned by corporate insiders.

About Smiths Group

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.