Smiths Group (LON:SMIN) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Shares of Smiths Group plc (LON:SMIN) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,739.45 ($21.50) and traded as high as GBX 2,054 ($25.38). Smiths Group shares last traded at GBX 2,046.66 ($25.29), with a volume of 1,964,120 shares.

Smiths Group Price Performance

The company has a debt-to-equity ratio of 29.84, a quick ratio of 1.29 and a current ratio of 2.07. The firm has a market capitalization of £7.05 billion, a price-to-earnings ratio of 2,852.78, a price-to-earnings-growth ratio of 0.35 and a beta of 0.66. The business has a fifty day moving average of GBX 1,805.37 and a two-hundred day moving average of GBX 1,739.45.

Insider Buying and Selling

In other news, insider Richard Howes purchased 87 shares of Smiths Group stock in a transaction that occurred on Monday, February 3rd. The stock was acquired at an average cost of GBX 2,030 ($25.09) per share, for a total transaction of £1,766.10 ($2,182.53). Also, insider Mark Seligman purchased 4,000 shares of Smiths Group stock in a transaction that occurred on Wednesday, November 13th. The stock was purchased at an average price of GBX 1,726 ($21.33) per share, with a total value of £69,040 ($85,318.83). 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.