Smiths Group plc (OTCMKTS:SMGZY) Short Interest Update

Smiths Group plc (OTCMKTS:SMGZY) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 5,600 shares, a decline of 79.5% from the December 31st total of 27,300 shares. Based on an average trading volume of 28,000 shares, the days-to-cover ratio is currently 0.2 days.

Smiths Group Stock Performance

Shares of OTCMKTS:SMGZY traded down $0.57 during trading on Tuesday, hitting $23.39. The company’s stock had a trading volume of 15,668 shares, compared to its average volume of 12,769. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.07 and a quick ratio of 1.39. The company has a 50-day moving average of $22.31 and a 200-day moving average of $22.27. Smiths Group has a 12 month low of $19.34 and a 12 month high of $24.49.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Barclays upgraded shares of Smiths Group to a “hold” rating in a research report on Monday, September 30th. Citigroup upgraded Smiths Group to a “strong-buy” rating in a research report on Thursday, November 28th.

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.