Smiths Group plc (LON:SMIN - Get Free Report)'s share price traded up 10.8% during mid-day trading on Friday . The company traded as high as GBX 2,188 ($27.12) and last traded at GBX 2,066 ($25.60). 5,864,697 shares changed hands during mid-day trading, an increase of 75% from the average session volume of 3,346,268 shares. The stock had previously closed at GBX 1,865 ($23.11).
The stock's 50-day moving average price is GBX 1,767.96 and its 200-day moving average price is GBX 1,725.95. The company has a market capitalization of £7.09 billion, a price-to-earnings ratio of 2,869.44, a P/E/G ratio of 0.35 and a beta of 0.66. The company has a debt-to-equity ratio of 29.84, a quick ratio of 1.29 and a current ratio of 2.07.
In related news, insider Mark Seligman bought 4,000 shares of the stock in a transaction on Wednesday, November 13th. The shares were purchased at an average price of GBX 1,726 ($21.39) per share, for a total transaction of £69,040 ($85,562.03). 0.61% of the stock is owned by company insiders.
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.
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