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Linde (ETR:LIN) Share Price Crosses Above 200 Day Moving Average - Time to Sell?

Linde logo with Basic Materials background

Shares of Linde plc (ETR:LIN - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €414.53 ($450.58) and traded as high as €441.00 ($479.35). Linde shares last traded at €435.80 ($473.70), with a volume of 29,987 shares changing hands.

Linde Stock Performance

The company has a current ratio of 0.79, a quick ratio of 0.56 and a debt-to-equity ratio of 45.40. The company has a market cap of $208.09 billion, a P/E ratio of 52.39, a price-to-earnings-growth ratio of 2.63 and a beta of 0.88. The company has a 50 day moving average price of €429.34 and a 200-day moving average price of €414.53.

About Linde

(Get Free Report)

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.

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