Linde (ETR:LIN) Stock Crosses Above 200-Day Moving Average - Should You Sell?

Key Points

• Linde plc shares have surpassed their 200-day moving average of €407.70 ($479.65), trading at €409.00 ($481.18) during recent sessions.
• The company has a market capitalization of $204.31 billion and a PE ratio of 32.11, indicating strong valuation metrics.
• Linde operates as an industrial gas company, providing atmospheric and process gases across various regions, including Americas, Europe, and Asia.

Linde plc (ETR:LIN - ) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €407.70 ($479.65) and traded as high as €409.00 ($481.18). Linde shares last traded at €409.00 ($481.18), with a volume of 17,105 shares.

Linde Stock Up 0.6%

The company's fifty day moving average price is €404.59 and its 200-day moving average price is €407.70. The stock has a market capitalization of $204.31 billion, a PE ratio of 32.11, a price-to-earnings-growth ratio of 2.63 and a beta of 0.88. The company has a quick ratio of 0.56, a current ratio of 0.96 and a debt-to-equity ratio of 56.83.

About Linde

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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