Smiths Group (OTCMKTS:SMGZY) Sets New 52-Week High - Here's Why

Key Points

• Smiths Group's share price reached a new 52-week high at $34.20 during trading, signaling positive investor sentiment.
• The company's debt-to-equity ratio is 0.31, and it has strong liquidity measures with a quick ratio of 1.56 and a current ratio of 2.18.
• Smiths Group operates in multiple international markets through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect.

Smiths Group PLC (OTCMKTS:SMGZY - )'s share price hit a new 52-week high during trading on Friday . The company traded as high as $34.20 and last traded at $34.20, with a volume of 1677 shares. The stock had previously closed at $33.66.

Smiths Group Stock Up 0.8%

The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.56 and a current ratio of 2.18. The business has a 50 day moving average of $32.56 and a 200 day moving average of $30.25.

About Smiths Group

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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