Smiths Group (LON:SMIN) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Smiths Group plc (LON:SMIN) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,800.52 ($23.18) and traded as high as GBX 2,004 ($25.80). Smiths Group shares last traded at GBX 1,997 ($25.71), with a volume of 873,870 shares traded.

Smiths Group Stock Down 2.2 %

The stock has a market capitalization of £6.73 billion, a price-to-earnings ratio of 27.44, a price-to-earnings-growth ratio of 0.35 and a beta of 0.66. The firm has a 50 day simple moving average of GBX 1,985.63 and a 200-day simple moving average of GBX 1,802.37. The company has a debt-to-equity ratio of 29.55, a current ratio of 2.07 and a quick ratio of 1.29.

Smiths Group (LON:SMIN) last released its quarterly earnings results on Tuesday, March 25th. The company reported GBX 55.50 ($0.71) earnings per share (EPS) for the quarter. Smiths Group had a return on equity of 11.54% and a net margin of 7.98%. On average, sell-side analysts forecast that Smiths Group plc will post 85.1295337 EPS for the current fiscal year.

Smiths Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, April 10th will be paid a GBX 36 ($0.46) dividend. The ex-dividend date of this dividend is Thursday, April 10th. This is a boost from Smiths Group’s previous dividend of $30.20. This represents a yield of 0.71%. Smiths Group’s dividend payout ratio (DPR) is presently 61.13%.

Insider Buying and Selling

In other news, insider Richard Howes bought 87 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were bought at an average cost of GBX 2,030 ($26.14) per share, for a total transaction of £1,766.10 ($2,273.85). 0.61% of the stock is owned by 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.