Linde (ETR:LIN) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Linde plc (ETR:LINGet Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €421.24 ($438.79) and traded as high as €422.80 ($440.42). Linde shares last traded at €420.20 ($437.71), with a volume of 27,936 shares trading hands.

Linde Trading Up 0.2 %

The firm has a market cap of $207.30 billion, a PE ratio of 52.19, a PEG ratio of 2.63 and a beta of 0.88. The stock’s fifty day simple moving average is €417.39 and its 200-day simple moving average is €421.24. The company has a debt-to-equity ratio of 45.40, a current ratio of 0.79 and a quick ratio of 0.56.

About Linde

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Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

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