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Linde (ETR:LIN) Shares Cross Above 200-Day Moving Average - What's Next?

Linde logo with Basic Materials background

Linde plc (ETR:LIN - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €426.45 ($463.53) and traded as high as €432.00 ($469.57). Linde shares last traded at €430.20 ($467.61), with a volume of 26,429 shares.

Linde Price Performance

The firm's fifty day simple moving average is €431.59 and its two-hundred day simple moving average is €426.71. The firm has a market cap of $214.03 billion, a PE ratio of 33.64, a P/E/G ratio of 2.63 and a beta of 0.88. The company has a quick ratio of 0.56, a current ratio of 0.96 and a debt-to-equity ratio of 56.83.

Linde Company Profile

(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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