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Smiths Group (OTCMKTS:SMGZY) Shares Pass Below 50 Day Moving Average - Here's What Happened

Smiths Group logo with Business Services background

Smiths Group plc (OTCMKTS:SMGZY - Get Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $21.69 and traded as low as $21.43. Smiths Group shares last traded at $21.80, with a volume of 5,776 shares.

Analyst Ratings Changes

SMGZY has been the topic of several research analyst reports. Barclays raised shares of Smiths Group to a "hold" rating in a report on Monday, September 30th. Citigroup upgraded Smiths Group to a "strong-buy" rating in a research note on Thursday, November 28th.

Read Our Latest Research Report on Smiths Group

Smiths Group Stock Down 1.6 %

The company has a debt-to-equity ratio of 0.28, a current ratio of 2.07 and a quick ratio of 1.39. The company has a 50-day simple moving average of $21.72 and a two-hundred day simple moving average of $22.22.

About Smiths Group

(Get Free Report)

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

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