Smiths Group (LON:SMIN) Shares Pass Above 200 Day Moving Average – Time to Sell?

Shares of Smiths Group plc (LON:SMIN) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,820.26 ($24.20) and traded as high as GBX 1,922 ($25.55). Smiths Group shares last traded at GBX 1,906 ($25.34), with a volume of 1,053,190 shares trading hands.

Smiths Group Trading Up 1.0 %

The firm’s fifty day moving average price is GBX 1,893.79 and its 200-day moving average price is GBX 1,820.26. The company has a debt-to-equity ratio of 29.55, a current ratio of 2.07 and a quick ratio of 1.29. The company has a market cap of £6.49 billion, a price-to-earnings ratio of 26.48, a P/E/G ratio of 0.35 and a beta of 0.66.

Smiths Group (LON:SMIN) last announced its quarterly earnings data on Tuesday, March 25th. The company reported GBX 55.50 ($0.74) earnings per share for the quarter. Smiths Group had a net margin of 7.98% and a return on equity of 11.54%. On average, equities analysts expect that Smiths Group plc will post 85.1295337 EPS for the current fiscal year.

Smiths Group Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, April 17th. Stockholders of record on Thursday, April 10th were paid a GBX 36 ($0.48) dividend. The ex-dividend date was Thursday, April 10th. This is a boost from Smiths Group’s previous dividend of $30.20. This represents a dividend yield of 0.71%. Smiths Group’s dividend payout ratio is 61.13%.

Insider Activity at Smiths Group

In other Smiths Group news, insider Richard Howes purchased 95 shares of the company’s stock in a transaction dated Thursday, May 1st. The shares were bought at an average price of GBX 1,859 ($24.71) per share, with a total value of £1,766.05 ($2,347.53). 0.61% of the stock is currently owned by corporate insiders.

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.