Smiths Group (LON:SMIN) Stock Price Crosses Above 200 Day Moving Average of $1,646.33

Smiths Group plc (LON:SMIN) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,646.33 ($20.68) and traded as high as GBX 1,697.66 ($21.33). Smiths Group shares last traded at GBX 1,687 ($21.19), with a volume of 2,656,034 shares trading hands.

Smiths Group Stock Performance

The firm has a fifty day moving average price of GBX 1,626.73 and a two-hundred day moving average price of GBX 1,646.33. The company has a debt-to-equity ratio of 32.22, a current ratio of 1.91 and a quick ratio of 1.29. The stock has a market capitalization of £5.88 billion, a PE ratio of 2,556.06, a P/E/G ratio of 0.35 and a beta of 0.65.

Smiths Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, May 13th. Stockholders of record on Thursday, April 4th will be issued a GBX 13.55 ($0.17) dividend. This represents a dividend yield of 0.82%. The ex-dividend date is Thursday, April 4th. Smiths Group’s payout ratio is presently 6,363.64%.

Insider Buying and Selling

In related news, insider Richard Howes purchased 111 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The stock was purchased at an average price of GBX 1,603 ($20.14) per share, with a total value of £1,779.33 ($2,235.34). 0.60% of the stock is currently owned by insiders.

About Smiths Group

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.