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Linde (ETR:LIN) Shares Pass Above 200 Day Moving Average - Here's Why

Linde logo with Basic Materials background

Shares of Linde plc (ETR:LIN - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €415.36 ($441.87) and traded as high as €429.80 ($457.23). Linde shares last traded at €424.00 ($451.06), with a volume of 25,537 shares.

Linde Price Performance

The company has a quick ratio of 0.56, a current ratio of 0.79 and a debt-to-equity ratio of 45.40. The company has a 50 day simple moving average of €430.26 and a 200-day simple moving average of €415.36. The stock has a market cap of $208.68 billion, a price-to-earnings ratio of 52.54, a PEG ratio of 2.63 and a beta of 0.88.

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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