Smiths Group (LON:SMIN) Reaches New 12-Month High – What’s Next?

Smiths Group plc (LON:SMIN) shares hit a new 52-week high during trading on Thursday . The company traded as high as GBX 1,921 ($23.99) and last traded at GBX 1,915 ($23.91), with a volume of 1027889 shares traded. The stock had previously closed at GBX 1,894 ($23.65).

Smiths Group Price Performance

The company has a debt-to-equity ratio of 29.84, a current ratio of 2.07 and a quick ratio of 1.29. The firm has a 50-day moving average of GBX 1,747.85 and a 200-day moving average of GBX 1,721.48. The stock has a market cap of £6.57 billion, a PE ratio of 2,657.44, a PEG ratio of 0.35 and a beta of 0.66.

Insiders Place Their Bets

In other Smiths Group news, insider Karin Hoeing bought 370 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were purchased at an average cost of GBX 1,530 ($19.10) per share, for a total transaction of £5,661 ($7,068.30). Also, insider Mark Seligman purchased 4,000 shares of the stock in a transaction on Wednesday, November 13th. The shares were purchased at an average cost of GBX 1,726 ($21.55) per share, with a total value of £69,040 ($86,203.02). 0.61% of the stock is currently owned by company insiders.

About Smiths Group

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.