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

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

Smiths Group Stock Up 10.8 %

The company’s 50-day simple moving average is GBX 1,775.44 and its two-hundred day simple moving average is GBX 1,728.43. The firm has a market capitalization of £7.09 billion, a P/E ratio of 2,869.44, a P/E/G 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.

Insider Buying and Selling

In other news, insider Mark Seligman acquired 4,000 shares of Smiths Group stock in a transaction dated Wednesday, November 13th. The stock was purchased at an average cost 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 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.