Smiths Group (LON:SMIN) Stock Price Passes Above 200 Day Moving Average – Here’s Why

Shares of Smiths Group plc (LON:SMIN) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,790.94 ($23.17) and traded as high as GBX 1,984.48 ($25.67). Smiths Group shares last traded at GBX 1,975.77 ($25.56), with a volume of 903,241 shares traded.

Smiths Group Stock Up 0.8 %

The company has a debt-to-equity ratio of 29.55, a current ratio of 2.07 and a quick ratio of 1.29. The company has a market cap of £6.73 billion, a P/E ratio of 27.45, a PEG ratio of 0.35 and a beta of 0.66. The stock has a 50-day moving average of GBX 1,949.45 and a 200 day moving average of GBX 1,790.94.

Insider Buying and Selling

In other Smiths Group news, insider Richard Howes acquired 87 shares of Smiths Group stock in a transaction that occurred on Monday, February 3rd. The shares were acquired at an average cost of GBX 2,030 ($26.26) per share, with a total value of £1,766.10 ($2,284.44). 0.61% of the stock is owned by company insiders.

Smiths Group Company Profile

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.