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Smiths Group (OTCMKTS:SMGZY) Sets New 1-Year High - Here's What Happened

Smiths Group logo with Business Services background

Smiths Group plc (OTCMKTS:SMGZY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $27.57 and last traded at $27.57, with a volume of 20864 shares. The stock had previously closed at $27.14.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada restated a "sector perform" rating on shares of Smiths Group in a research report on Monday, February 3rd.

Check Out Our Latest Report on SMGZY

Smiths Group Trading Down 0.9%

The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 2.07. The firm's 50 day moving average is $25.36 and its 200-day moving average is $23.97.

Smiths Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Friday, April 4th will be issued a dividend of $0.1839 per share. The ex-dividend date of this dividend is Friday, April 4th.

About Smiths Group

(Get Free Report)

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

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