Smiths Group (OTCMKTS:SMGZY) Hits New 1-Year Low – Time to Sell?

Smiths Group plc (OTCMKTS:SMGZY)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as $19.34 and last traded at $19.36, with a volume of 86091 shares trading hands. The stock had previously closed at $19.87.

Wall Street Analysts Forecast Growth

SMGZY has been the topic of a number of recent analyst reports. Berenberg Bank raised shares of Smiths Group to a “hold” rating in a research note on Friday, August 23rd. Barclays upgraded Smiths Group to a “hold” rating in a research note on Monday, September 30th.

Smiths Group Stock Performance

The company has a fifty day moving average of $21.99 and a two-hundred day moving average of $22.08. The company has a current ratio of 2.07, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28.

Smiths Group Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, October 18th will be paid a dividend of $0.378 per share. The ex-dividend date is Friday, October 18th. This is a positive change from Smiths Group’s previous dividend of $0.16.

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.