Smiths Group (LON:SMIN) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Smiths Group plc (LON:SMIN) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,724.72 ($21.42) and traded as high as GBX 1,874 ($23.27). Smiths Group shares last traded at GBX 1,867.43 ($23.19), with a volume of 522,918 shares changing hands.

Smiths Group Price Performance

The company has a market capitalization of £6.41 billion, a PE ratio of 2,593.66, a price-to-earnings-growth ratio of 0.35 and a beta of 0.66. The company has a debt-to-equity ratio of 29.84, a current ratio of 2.07 and a quick ratio of 1.29. The stock’s 50 day simple moving average is GBX 1,764.56 and its 200-day simple moving average is GBX 1,724.72.

Insider Buying and Selling

In related news, insider Mark Seligman acquired 4,000 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was acquired at an average price of GBX 1,726 ($21.44) per share, for a total transaction of £69,040 ($85,742.67). 0.61% of the stock is owned by 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.