Smiths Group (LON:SMIN) Reaches New 12-Month High – What’s Next?

Smiths Group plc (LON:SMIN) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 1,921 ($23.99) and last traded at GBX 1,915 ($23.91), with a volume of 1027889 shares trading hands. The stock had previously closed at GBX 1,894 ($23.65).

Smiths Group Stock Performance

The firm has a market capitalization of £6.57 billion, a price-to-earnings ratio of 2,657.44, a PEG ratio of 0.35 and a beta of 0.66. The company has a debt-to-equity ratio of 29.84, a current ratio of 2.07 and a quick ratio of 1.29. The firm has a 50 day moving average price of GBX 1,747.85 and a 200-day moving average price of GBX 1,721.48.

Insider Buying and Selling at Smiths Group

In other Smiths Group news, insider Mark Seligman purchased 4,000 shares of the firm’s stock in a transaction on Wednesday, November 13th. The stock was bought at an average cost of GBX 1,726 ($21.55) per share, with a total value of £69,040 ($86,203.02). Also, insider Karin Hoeing bought 370 shares of the business’s stock in a transaction dated Friday, November 1st. The shares were purchased at an average price of GBX 1,530 ($19.10) per share, for a total transaction of £5,661 ($7,068.30). 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.