Smiths Group (LON:SMIN) Share Price Passes Above 200-Day Moving Average – Here’s What Happened

Smiths Group plc (LON:SMIN) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,769.54 ($22.44) and traded as high as GBX 2,052 ($26.02). Smiths Group shares last traded at GBX 2,041.43 ($25.89), with a volume of 1,060,373 shares changing hands.

Smiths Group Stock Performance

The company has a debt-to-equity ratio of 29.55, a quick ratio of 1.29 and a current ratio of 2.07. The business has a 50 day moving average price of GBX 1,885.42 and a two-hundred day moving average price of GBX 1,769.54. The company has a market cap of £6.94 billion, a P/E ratio of 28.29, a price-to-earnings-growth ratio of 0.35 and a beta of 0.66.

Insider Buying and Selling at Smiths Group

In other Smiths Group news, insider Richard Howes purchased 87 shares of the stock in a transaction on Monday, February 3rd. The stock was acquired at an average price of GBX 2,030 ($25.75) per share, with a total value of £1,766.10 ($2,239.82). 0.61% of the stock is currently owned by corporate 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.