Smiths Group (OTCMKTS:SMGZY) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Smiths Group plc (OTCMKTS:SMGZY) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $21.56 and traded as high as $22.93. Smiths Group shares last traded at $21.93, with a volume of 4,474 shares changing hands.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Citigroup raised shares of Smiths Group to a “strong-buy” rating in a research report on Thursday, November 28th. Barclays upgraded Smiths Group to a “hold” rating in a report on Monday, September 30th.

Smiths Group Trading Up 0.0 %

The business’s fifty day moving average price is $21.56 and its two-hundred day moving average price is $22.22. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.07 and a quick ratio of 1.39.

Smiths Group Company Profile

Smiths Group plc operates as a technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane division offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.