Smiths Group (LON:SMIN) Shares Up 10.8% – What’s Next?

Smiths Group plc (LON:SMIN) rose 10.8% during trading on Friday . The company traded as high as GBX 2,188 ($27.17) and last traded at GBX 2,066 ($25.66). Approximately 5,864,697 shares traded hands during trading, an increase of 75% from the average daily volume of 3,346,268 shares. The stock had previously closed at GBX 1,865 ($23.16).

Smiths Group Stock Up 10.8 %

The firm’s 50-day moving average is GBX 1,767.96 and its 200 day moving average is GBX 1,725.95. The firm has a market capitalization of £7.09 billion, a P/E ratio of 2,869.44, a PEG ratio of 0.35 and a beta of 0.66. The company has a debt-to-equity ratio of 29.84, a quick ratio of 1.29 and a current ratio of 2.07.

Insider Buying and Selling at Smiths Group

In other Smiths Group news, insider Mark Seligman acquired 4,000 shares of the company’s stock in a transaction on Wednesday, November 13th. The shares were purchased at an average price of GBX 1,726 ($21.44) per share, for a total transaction of £69,040 ($85,742.67). Company insiders own 0.61% of the company’s stock.

Smiths Group Company Profile

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.