Smiths Group (LON:SMIN) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Smiths Group plc's stock has recently crossed above its 200-day moving average of GBX 2,099.95, with a current trading price of GBX 2,372 ($31.91).
• The company has a market capitalization of £8.00 billion and a PE ratio of 32.62, indicating a solid valuation in the market.
• Recent insider transactions show confidence, with insiders purchasing over 1,000 shares valued at approximately $1.64 million in the last 90 days.

Smiths Group plc (LON:SMIN - )'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 2,099.95 ($28.25) and traded as high as GBX 2,376 ($31.97). Smiths Group shares last traded at GBX 2,372 ($31.91), with a volume of 573,119 shares traded.

Smiths Group Price Performance

The company has a 50 day moving average price of GBX 2,296.64 and a 200 day moving average price of GBX 2,099.95. The firm has a market cap of £8.00 billion, a PE ratio of 32.62, a price-to-earnings-growth ratio of 0.35 and a beta of 0.66. The company has a current ratio of 2.07, a quick ratio of 1.29 and a debt-to-equity ratio of 29.55.

Insider Activity at Smiths Group

In related news, insider Roland Carter bought 773 shares of Smiths Group stock in a transaction that occurred on Friday, August 1st. The shares were purchased at an average price of GBX 1,163 per share, with a total value of £8,989.99. Also, insider Richard Howes purchased 76 shares of Smiths Group stock in a transaction on Friday, August 1st. The shares were acquired at an average cost of GBX 2,340 per share, for a total transaction of £1,778.40. In the last 90 days, insiders have purchased 1,091 shares of company stock valued at $1,643,119. 0.61% of the stock is owned by corporate insiders.

Smiths Group Company Profile

Smiths Group plc operates as an industrial technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four businesses: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane business offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.

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