Smiths Group (OTCMKTS:SMGZY) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Smiths Group plc (OTCMKTS:SMGZY)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $25.10 and traded as high as $26.21. Smiths Group shares last traded at $26.18, with a volume of 3,811 shares trading hands.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on SMGZY. Citigroup raised shares of Smiths Group to a “strong-buy” rating in a research note on Thursday, November 28th. Royal Bank of Canada reiterated a “sector perform” rating on shares of Smiths Group in a research report on Monday, February 3rd.

Smiths Group Trading Down 2.1 %

The stock’s 50 day moving average is $25.10 and its 200-day moving average is $23.11. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.07 and a quick ratio of 1.39.

Smiths Group Company Profile

Smiths Group plc operates as a technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane division offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.