Smiths Group (LON:SMIN) Trading Up 10.8% – Still a Buy?

Smiths Group plc (LON:SMIN)’s stock price was up 10.8% during trading on Saturday . The stock traded as high as GBX 2,188 ($26.88) and last traded at GBX 2,066 ($25.38). Approximately 5,864,697 shares changed hands during trading, an increase of 75% from the average daily volume of 3,346,268 shares. The stock had previously closed at GBX 1,865 ($22.91).

Smiths Group Stock Performance

The company has a market capitalization of £7.09 billion, a PE ratio of 2,869.44, a PEG 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. The firm’s 50-day simple moving average is GBX 1,775.44 and its 200-day simple moving average is GBX 1,728.43.

Insider Buying and Selling at Smiths Group

In other Smiths Group news, insider Mark Seligman purchased 4,000 shares of the stock in a transaction dated Wednesday, November 13th. The stock was purchased at an average price of GBX 1,726 ($21.21) per share, with a total value of £69,040 ($84,826.15). 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.