Smiths Group (LON:SMIN) Stock Price Crosses Above Two Hundred Day Moving Average - Here's Why

Smiths Group plc (LON:SMIN - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,800.52 ($23.30) and traded as high as GBX 2,004 ($25.94). Smiths Group shares last traded at GBX 1,997 ($25.85), with a volume of 873,870 shares.

Smiths Group Price Performance

The stock has a fifty day moving average of GBX 1,994.18 and a 200 day moving average of GBX 1,805.12. The stock has a market cap of £6.65 billion, a price-to-earnings ratio of 27.12, a P/E/G ratio of 0.35 and a beta of 0.66. The company has a debt-to-equity ratio of 29.55, a current ratio of 2.07 and a quick ratio of 1.29.

Smiths Group (LON:SMIN - Get Free Report) last posted its quarterly earnings results on Tuesday, March 25th. The company reported GBX 55.50 ($0.72) earnings per share (EPS) for the quarter. Smiths Group had a net margin of 7.98% and a return on equity of 11.54%. On average, analysts expect that Smiths Group plc will post 85.1295337 EPS for the current fiscal year.

Smiths Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, April 10th will be issued a GBX 36 ($0.47) dividend. This represents a yield of 0.71%. This is a positive change from Smiths Group's previous dividend of $30.20. The ex-dividend date is Thursday, April 10th. Smiths Group's dividend payout ratio is presently 61.13%.

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Insider Activity

In other news, insider Richard Howes acquired 87 shares of the firm's stock in a transaction on Monday, February 3rd. The stock was acquired at an average price of GBX 2,030 ($26.27) per share, for a total transaction of £1,766.10 ($2,285.92). Insiders own 0.61% of the company's stock.

Smiths Group Company Profile

Smiths Group plc operates as an industrial technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four businesses: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane business offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.