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Smiths Group (LON:SMIN) Shares Up 10.8% - Time to Buy?

Smiths Group logo with Industrials background

Smiths Group plc (LON:SMIN - Get Free Report)'s share price traded up 10.8% during trading on Saturday . The company traded as high as GBX 2,188 ($26.88) and last traded at GBX 2,066 ($25.38). 5,864,697 shares changed hands during mid-day trading, an increase of 75% from the average session volume of 3,346,268 shares. The stock had previously closed at GBX 1,865 ($22.91).

Smiths Group Stock Up 10.8 %

The business's fifty day moving average price is GBX 1,775.44 and its two-hundred day moving average price is GBX 1,728.43. The company has a debt-to-equity ratio of 29.84, a quick ratio of 1.29 and a current ratio of 2.07. The firm has a market capitalization of £7.09 billion, a P/E ratio of 2,869.44, a PEG ratio of 0.35 and a beta of 0.66.

Insider Activity at Smiths Group

In other Smiths Group news, insider Mark Seligman bought 4,000 shares of the company's stock in a transaction that occurred on Wednesday, November 13th. The shares were purchased at an average cost of GBX 1,726 ($21.21) per share, for a total transaction of £69,040 ($84,826.15). 0.61% of the stock is currently owned by corporate insiders.

About Smiths Group

(Get Free Report)

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.

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