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Linde (ETR:LIN) Shares Pass Above 200-Day Moving Average - What's Next?

Linde logo with Basic Materials background

Key Points

  • Linde plc's share price has recently surpassed its 200-day moving average of €411.38, indicating a potential bullish trend.
  • The stock's last trading price was €410.00, with a market capitalization of $204.21 billion and a PE ratio of 32.09.
  • Linde operates on a global scale, providing a range of industrial and atmospheric gases across multiple continents.
  • Five stocks we like better than Linde.

Shares of Linde plc (ETR:LIN - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €411.38 ($478.35) and traded as high as €412.20 ($479.30). Linde shares last traded at €410.00 ($476.74), with a volume of 6,120 shares changing hands.

Linde Stock Performance

The business has a fifty day simple moving average of €402.58 and a two-hundred day simple moving average of €410.58. The company has a quick ratio of 0.56, a current ratio of 0.96 and a debt-to-equity ratio of 56.83. The company has a market cap of $204.31 billion, a P/E ratio of 32.11, a P/E/G ratio of 2.63 and a beta of 0.88.

Linde Company Profile

(Get Free Report)

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.

Further Reading

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