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

Linde logo with Basic Materials background

Key Points

  • Linde plc's stock has recently crossed above its 200-day moving average, indicating potential upward momentum in its trading performance.
  • The company's market capitalization stands at $201.92 billion, and it has a price-to-earnings (PE) ratio of 31.73.
  • Linde operates internationally, providing a range of industrial gases, including oxygen, nitrogen, and hydrogen, across various global regions.
  • MarketBeat previews top five stocks to own in November.

Shares of Linde plc (ETR:LIN - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €405.13 ($476.62) and traded as high as €405.80 ($477.41). Linde shares last traded at €404.60 ($476.00), with a volume of 10,556 shares.

Linde Stock Performance

The company's 50 day moving average price is €405.80 and its 200-day moving average price is €405.13. The company has a debt-to-equity ratio of 56.83, a quick ratio of 0.56 and a current ratio of 0.96. The company has a market cap of $201.92 billion, a PE ratio of 31.73, a price-to-earnings-growth 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.

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