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

Linde logo with Basic Materials background

Key Points

  • Linde plc's stock price has surpassed its 200-day moving average, indicating a potential upward trend, with the last trading price at €410.80 ($477.67).
  • The company's market capitalization stands at $206.29 billion, with a price-to-earnings ratio of 32.42 and a debt-to-equity ratio of 56.83.
  • Linde operates as an industrial gas company, providing a variety of gases including oxygen, nitrogen, and hydrogen, across multiple regions including the Americas and Europe.
  • Want stock alerts on Linde? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Linde plc (ETR:LIN - Get Free Report)'s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €410.58 ($477.42) and traded as high as €411.40 ($478.37). Linde shares last traded at €410.80 ($477.67), with a volume of 15,920 shares traded.

Linde Stock Up 1.2%

The firm's 50-day moving average price is €402.88 and its 200-day moving average price is €410.58. The company has a market cap of $206.29 billion, a price-to-earnings ratio of 32.42, a price-to-earnings-growth 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.

About Linde

(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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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