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

Shares of Smiths Group plc (LON:SMIN) traded up 10.8% on Saturday . The company traded as high as GBX 2,188 ($26.88) and last traded at GBX 2,066 ($25.38). 5,864,697 shares changed hands during trading, an increase of 75% from the average session volume of 3,346,268 shares. The stock had previously closed at GBX 1,865 ($22.91).

Smiths Group Trading Up 10.8 %

The company has a debt-to-equity ratio of 29.84, a quick ratio of 1.29 and a current ratio of 2.07. The company has a market cap of £7.09 billion, a P/E ratio of 2,869.44, a price-to-earnings-growth ratio of 0.35 and a beta of 0.66. The stock has a 50-day moving average of GBX 1,775.44 and a two-hundred day moving average of GBX 1,728.43.

Insider Activity at Smiths Group

In related news, insider Mark Seligman acquired 4,000 shares of Smiths Group stock in a transaction that occurred on Wednesday, November 13th. The stock was bought at an average price of GBX 1,726 ($21.21) per share, with a total value of £69,040 ($84,826.15). 0.61% of the stock is owned by corporate 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.