Linde (ETR:LIN) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Shares of Linde plc (ETR:LINGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €401.69 and traded as high as €445.00. Linde shares last traded at €444.80, with a volume of 15,488 shares.

Linde Stock Down 0.4%

The company has a debt-to-equity ratio of 68.24, a quick ratio of 0.56 and a current ratio of 0.83. The firm has a fifty day simple moving average of €431.60 and a 200-day simple moving average of €401.69. The company has a market capitalization of $219.89 billion, a PE ratio of 34.56, a P/E/G ratio of 2.63 and a beta of 0.55.

About Linde

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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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