Smiths Group (OTCMKTS:SMGZY) Stock Crosses Below 50 Day Moving Average of $21.03

Smiths Group plc (OTCMKTS:SMGZY – Get Rating) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $21.03 and traded as low as $20.22. Smiths Group shares last traded at $20.34, with a volume of 4,389 shares changing hands.

Wall Street Analyst Weigh In

SMGZY has been the topic of several analyst reports. The Goldman Sachs Group initiated coverage on Smiths Group in a research report on Monday, February 13th. They set a “buy” rating on the stock. Exane BNP Paribas cut Smiths Group from an “outperform” rating to a “neutral” rating and set a GBX 1,650 ($20.11) price target on the stock. in a report on Wednesday, November 30th. Finally, JPMorgan Chase & Co. raised their price target on Smiths Group from GBX 1,730 ($21.08) to GBX 1,860 ($22.67) in a report on Wednesday, February 1st.

Smiths Group Trading Down 1.0 %

The company has a current ratio of 1.73, a quick ratio of 1.32 and a debt-to-equity ratio of 0.23. The stock has a fifty day simple moving average of $21.03 and a 200 day simple moving average of $19.18.

Smiths Group Company Profile

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Smiths Group Plc engages in the development, manufacture, and sale of control systems and instruments for industrial applications. It operates through the following business segments: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect, and Flex-Tek. The John Crane segment produces mechanical seals, engineered bearings, power transmission couplings, seal support, and filtration systems.