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

Linde plc (ETR:LINGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €424.63 ($442.32) and traded as high as €444.00 ($462.50). Linde shares last traded at €441.80 ($460.21), with a volume of 30,695 shares changing hands.

Linde Price Performance

The company has a market cap of $219.10 billion, a price-to-earnings ratio of 34.43, a P/E/G ratio of 2.63 and a beta of 0.88. The company has a current ratio of 0.96, a quick ratio of 0.56 and a debt-to-equity ratio of 56.83. The business has a 50-day moving average price of €420.59 and a 200 day moving average price of €424.63.

Linde Company Profile

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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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