Linde (ETR:LIN) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

Linde plc (ETR:LIN)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €386.35 and traded as low as €370.20. Linde shares last traded at €371.80, with a volume of 21,441 shares changing hands.

Linde Trading Up 1.2%

The stock’s 50 day moving average is €358.37 and its 200-day moving average is €386.35. The company has a market cap of $186.73 billion, a P/E ratio of 29.35, a PEG ratio of 2.63 and a beta of 0.88. The company has a current ratio of 0.96, a quick ratio of 0.56 and a debt-to-equity ratio of 56.83.

Linde Company Profile

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas businesses in various locations, such as air separation, hydrogen, synthesis, olefin, and natural gas plants.