Smiths Group (OTCMKTS:SMGZY) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Smiths Group plc (OTCMKTS:SMGZY) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $21.68 and traded as low as $21.27. Smiths Group shares last traded at $21.55, with a volume of 23,280 shares.

Wall Street Analyst Weigh In

A number of research firms have issued reports on SMGZY. Barclays upgraded Smiths Group to a “hold” rating in a report on Monday, September 30th. Berenberg Bank upgraded Smiths Group to a “hold” rating in a report on Friday, August 23rd.

Smiths Group Stock Down 0.3 %

The firm has a fifty day moving average of $21.68 and a 200 day moving average of $22.11. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.07 and a quick ratio of 1.39.

Smiths Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, October 18th will be paid a $0.378 dividend. The ex-dividend date is Friday, October 18th. This is a boost from Smiths Group’s previous dividend of $0.16.

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.