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

Linde logo with Basic Materials background

Shares of Linde plc (ETR:LIN - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €413.35 ($486.29) and traded as low as €400.20 ($470.82). Linde shares last traded at €402.60 ($473.65), with a volume of 48,821 shares.

Linde Stock Performance

The stock has a market cap of $199.44 billion, a P/E ratio of 31.34, a P/E/G ratio of 2.63 and a beta of 0.88. The company has a debt-to-equity ratio of 56.83, a current ratio of 0.96 and a quick ratio of 0.56. The company has a fifty day moving average price of €404.02 and a 200 day moving average price of €413.35.

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.

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