Linde plc (ETR:LIN – Get Free Report)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €387.72 and traded as low as €361.20. Linde shares last traded at €362.00, with a volume of 5,444 shares trading hands.
Linde Stock Performance
The company has a fifty day moving average of €360.40 and a two-hundred day moving average of €387.72. The firm has a market capitalization of $179.69 billion, a price-to-earnings ratio of 28.24, a PEG ratio of 2.63 and a beta of 0.88. The company has a debt-to-equity ratio of 56.83, a quick ratio of 0.56 and a current ratio of 0.96.
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.
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