Smiths Group (LON:SMIN) Stock Price Up 10.8% – What’s Next?

Smiths Group plc (LON:SMIN)’s share price was up 10.8% on Friday . The stock traded as high as GBX 2,188 ($27.17) and last traded at GBX 2,066 ($25.66). Approximately 5,864,697 shares traded hands during trading, an increase of 75% from the average daily volume of 3,346,268 shares. The stock had previously closed at GBX 1,865 ($23.16).

Smiths Group Stock Performance

The stock’s fifty day moving average is GBX 1,767.96 and its 200-day moving average is GBX 1,725.95. The company has a quick ratio of 1.29, a current ratio of 2.07 and a debt-to-equity ratio of 29.84. The stock has a market cap of £7.09 billion, a price-to-earnings ratio of 2,869.44, a PEG ratio of 0.35 and a beta of 0.66.

Insider Activity

In related news, insider Mark Seligman bought 4,000 shares of the company’s stock in a transaction on Wednesday, November 13th. The shares were purchased at an average cost of GBX 1,726 ($21.44) per share, for a total transaction of £69,040 ($85,742.67). 0.61% of the stock is owned by company insiders.

Smiths Group Company Profile

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.