Smiths Group plc (OTCMKTS:SMGZY - Get Free Report) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 6,800 shares, a decline of 15.0% from the February 28th total of 8,000 shares. Based on an average daily volume of 10,600 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the company's shares are sold short.
Smiths Group Stock Down 7.9 %
Shares of Smiths Group stock traded down $2.00 on Friday, hitting $23.31. 35,321 shares of the company's stock traded hands, compared to its average volume of 12,628. The company has a fifty day moving average of $25.82 and a two-hundred day moving average of $23.26. Smiths Group has a one year low of $19.34 and a one year high of $27.00. The company has a quick ratio of 1.39, a current ratio of 2.07 and a debt-to-equity ratio of 0.28.
Smiths Group Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Friday, April 4th will be given a dividend of $0.1839 per share. The ex-dividend date of this dividend is Friday, April 4th.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada reiterated a "sector perform" rating on shares of Smiths Group in a research report on Monday, February 3rd.
View Our Latest Report on SMGZY
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.
Further Reading
Before you consider Smiths Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Smiths Group wasn't on the list.
While Smiths Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.