Smiths Group (LON:SMIN) Stock Passes Above 200-Day Moving Average - Should You Sell?

Key Points

• Smiths Group plc shares recently traded above their 200-day moving average of GBX 2,083.67 ($28.24), reaching a high of GBX 2,342 ($31.74).
• The company has a market capitalization of £7.91 billion and a PE ratio of 32.26.
• Insiders have purchased a total of 1,091 shares of Smiths Group stock valued at $1,643,119 in the last quarter.

Shares of Smiths Group plc (LON:SMIN - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,083.67 ($27.96) and traded as high as GBX 2,342 ($31.42). Smiths Group shares last traded at GBX 2,322 ($31.16), with a volume of 558,951 shares.

Smiths Group Price Performance

The firm has a market cap of £8.05 billion, a PE ratio of 32.82, a price-to-earnings-growth ratio of 0.35 and a beta of 0.66. The company has a quick ratio of 1.29, a current ratio of 2.07 and a debt-to-equity ratio of 29.55. The stock has a 50 day moving average price of GBX 2,291.68 and a two-hundred day moving average price of GBX 2,094.48.

Insider Activity at Smiths Group

In other news, insider Karin Hoeing bought 242 shares of the company's stock in a transaction that occurred on Friday, August 1st. The shares were purchased at an average price of GBX 2,340 per share, for a total transaction of £5,662.80. Also, insider Richard Howes bought 76 shares of the company's stock in a transaction that occurred on Friday, August 1st. The stock was purchased at an average price of GBX 2,340 per share, for a total transaction of £1,778.40. Insiders have bought a total of 1,091 shares of company stock worth $1,643,119 over the last quarter. Insiders own 0.61% of the company's stock.

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.