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

Smiths Group plc (OTCMKTS:SMGZYGet 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

(Get Rating)

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.

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