Smiths Group (LON:SMIN) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Smiths Group plc (LON:SMINGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,930.41 ($25.92) and traded as high as GBX 2,260 ($30.34). Smiths Group shares last traded at GBX 2,250 ($30.21), with a volume of 644,891 shares traded.

Smiths Group Price Performance

The company has a 50 day simple moving average of GBX 2,013.29 and a 200 day simple moving average of GBX 1,930.41. 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 company has a market capitalization of £7.66 billion, a price-to-earnings ratio of 31.26, a price-to-earnings-growth ratio of 0.35 and a beta of 0.66.

Smiths Group (LON:SMINGet Free Report) last issued its earnings results on Tuesday, March 25th. The company reported GBX 55.50 ($0.75) earnings per share for the quarter. Smiths Group had a return on equity of 11.54% and a net margin of 7.98%. As a group, research analysts predict that Smiths Group plc will post 85.1295337 EPS for the current year.

Smiths Group Increases Dividend

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

Insider Transactions at Smiths Group

In other Smiths Group news, insider Richard Howes purchased 95 shares of Smiths Group stock in a transaction that occurred on Thursday, May 1st. The stock was purchased at an average price of GBX 1,859 ($24.96) per share, with a total value of £1,766.05 ($2,370.86). Company insiders own 0.61% of the company’s stock.

About Smiths Group

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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.

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