Smiths Group (OTCMKTS:SMGZY) Stock Price Passes Below Fifty Day Moving Average – What’s Next?

Shares of Smiths Group plc (OTCMKTS:SMGZY) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $21.69 and traded as low as $21.43. Smiths Group shares last traded at $21.80, with a volume of 5,776 shares.

Analyst Ratings Changes

Several research analysts have recently weighed in on SMGZY shares. Citigroup raised Smiths Group to a “strong-buy” rating in a research report on Thursday, November 28th. Barclays raised shares of Smiths Group to a “hold” rating in a research report on Monday, September 30th.

Smiths Group Stock Performance

The company has a current ratio of 2.07, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28. The business has a 50-day simple moving average of $21.69 and a two-hundred day simple moving average of $22.22.

Smiths Group Company Profile

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.