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

Linde logo with Basic Materials background

Linde plc (ETR:LIN - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €421.24 ($438.79) and traded as high as €422.80 ($440.42). Linde shares last traded at €420.20 ($437.71), with a volume of 27,936 shares changing hands.

Linde Price Performance

The firm has a 50 day moving average price of €417.41 and a two-hundred day moving average price of €421.23. The company has a market cap of $207.30 billion, a P/E ratio of 52.19, a P/E/G ratio of 2.63 and a beta of 0.88. The company has a debt-to-equity ratio of 45.40, a quick ratio of 0.56 and a current ratio of 0.79.

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.

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