Linde (ETR:LIN) Stock Passes Above 200-Day Moving Average – What’s Next?

Linde plc (ETR:LINGet Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €414.72 ($455.74) and traded as high as €433.00 ($475.82). Linde shares last traded at €430.20 ($472.75), with a volume of 18,735 shares changing hands.

Linde Price Performance

The company has a debt-to-equity ratio of 45.40, a current ratio of 0.79 and a quick ratio of 0.56. The company has a 50-day moving average price of €429.78 and a 200-day moving average price of €414.72. The firm has a market capitalization of $211.24 billion, a PE ratio of 53.31, a P/E/G ratio of 2.63 and a beta of 0.88.

Linde Company Profile

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Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

Further Reading

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