Smiths Group (OTCMKTS:SMGZY) Cut to “Strong Sell” at Zacks Research

Zacks Research lowered shares of Smiths Group (OTCMKTS:SMGZY) from a hold rating to a strong sell rating in a report published on Thursday morning,Zacks.com reports.

SMGZY has been the subject of several other research reports. Berenberg Bank upgraded shares of Smiths Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 21st. Citigroup restated a “buy” rating on shares of Smiths Group in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Smiths Group currently has a consensus rating of “Moderate Buy”.

Smiths Group Price Performance

SMGZY stock opened at $35.06 on Thursday. Smiths Group has a 12-month low of $21.76 and a 12-month high of $37.00. The company has a current ratio of 2.18, a quick ratio of 1.56 and a debt-to-equity ratio of 0.31. The firm has a 50 day moving average of $33.48 and a 200-day moving average of $32.90.

About Smiths Group

Smiths Group plc, headquartered in London, is a diversified engineering firm with roots dating back to 1851. Over its long history, the company has evolved from a manufacturer of timepieces into a provider of critical components and systems for industries ranging from energy and natural resources to healthcare and security. Smiths Group is publicly traded on the London Stock Exchange and its American depositary receipts trade over-the-counter under the symbol SMGZY.

The company operates through four principal divisions.