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

Linde plc (ETR:LIN)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €389.72 and traded as low as €356.60. Linde shares last traded at €360.20, with a volume of 43,393 shares changing hands.

Linde Price Performance

The company has a debt-to-equity ratio of 56.83, a current ratio of 0.96 and a quick ratio of 0.56. The stock has a 50 day simple moving average of €363.75 and a two-hundred day simple moving average of €389.72. The company has a market cap of $178.69 billion, a price-to-earnings ratio of 28.08, a price-to-earnings-growth ratio of 2.63 and a beta of 0.88.

About Linde

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.