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

Key Points

• Linde plc's stock price fell below its 200-day moving average of €411.93 ($478.99), reaching a low of €401.80 ($467.21) during trading.
• The company is currently valued at a market cap of $199.64 billion and has a P/E ratio of 31.38, indicating its growth potential in the industrial gas sector.
• Linde operates globally, providing a variety of atmospheric and process gases, serving markets across multiple continents.

Linde plc (ETR:LIN - )'s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €411.93 ($478.99) and traded as low as €401.80 ($467.21). Linde shares last traded at €404.60 ($470.47), with a volume of 9,907 shares trading hands.

Linde Stock Down 0.6%

The company has a market cap of $199.64 billion, a P/E ratio of 31.38, a price-to-earnings-growth ratio of 2.63 and a beta of 0.88. The company has a 50 day moving average of €402.96 and a 200-day moving average of €411.93. The company has a debt-to-equity ratio of 56.83, a current ratio of 0.96 and a quick ratio of 0.56.

Linde Company Profile

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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