Karin Hoeing Purchases 317 Shares of Smiths Group plc (LON:SMIN) Stock

Smiths Group plc (LON:SMIN) insider Karin Hoeing bought 317 shares of the stock in a transaction that occurred on Thursday, August 1st. The shares were purchased at an average cost of GBX 1,778 ($22.87) per share, for a total transaction of £5,636.26 ($7,250.14).

Smiths Group Price Performance

LON:SMIN opened at GBX 1,711 ($22.01) on Friday. The business’s 50-day moving average price is GBX 1,723.44 and its 200 day moving average price is GBX 1,670.47. The firm has a market cap of £5.93 billion, a P/E ratio of 2,553.73, a PEG ratio of 0.35 and a beta of 0.65. Smiths Group plc has a 52-week low of GBX 1,517.50 ($19.52) and a 52-week high of GBX 1,791 ($23.04). The company has a quick ratio of 1.29, a current ratio of 1.91 and a debt-to-equity ratio of 32.22.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,180 ($28.04) target price on shares of Smiths Group in a report on Tuesday, May 21st.

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.