Smiths Group (OTCMKTS:SMGZY) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

Smiths Group plc (OTCMKTS:SMGZY) crossed 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 trading hands.

Analyst Ratings Changes

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

Smiths Group Stock Down 1.6 %

The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 2.07. The business has a 50 day moving average of $21.69 and a 200 day moving average of $22.22.

About Smiths Group

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.