Richard Howes Acquires 76 Shares of Smiths Group plc (LON:SMIN) Stock

Key Points

• Insider Transaction: Richard Howes, an insider at Smiths Group plc, purchased 76 shares for a total of £1,778.40 at an average price of GBX 2,340 ($30.91) per share.
• Stock Performance: The stock price of Smiths Group decreased by GBX 40 ($0.53) to reach GBX 2,312 ($30.54) during the latest trading session, with a significant trading volume of 912,562 shares.
• Company Overview: Smiths Group operates as an industrial technology company with a market cap of £7.88 billion and engages in various sectors including seals and filtration systems through its multiple business units.

Smiths Group plc (LON:SMIN - Get Free Report) insider Richard Howes acquired 76 shares of Smiths Group stock in a transaction on Friday, August 1st. The shares were purchased at an average cost of GBX 2,340 ($31.07) per share, with a total value of £1,778.40 ($2,361.44).

Smiths Group Trading Down 1.9%

SMIN stock traded down GBX 44 ($0.58) during mid-day trading on Friday, reaching GBX 2,308 ($30.65). 557,827 shares of the stock traded hands, compared to its average volume of 2,843,881. The company has a current ratio of 2.07, a quick ratio of 1.29 and a debt-to-equity ratio of 29.55. Smiths Group plc has a 52-week low of GBX 1,514.66 ($20.11) and a 52-week high of GBX 2,384 ($31.66). The company has a market cap of £7.86 billion, a P/E ratio of 32.07, a P/E/G ratio of 0.35 and a beta of 0.66. The stock's fifty day moving average is GBX 2,255.07 and its 200-day moving average is GBX 2,055.38.

About Smiths Group

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.