Smiths Group (OTCMKTS:SMGZY) Hits New 12-Month High – What’s Next?

Smiths Group PLC (OTCMKTS:SMGZY)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $34.20 and last traded at $34.20, with a volume of 1677 shares traded. The stock had previously closed at $33.66.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded shares of Smiths Group from a “hold” rating to a “strong sell” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Smiths Group Stock Performance

The company’s 50 day moving average price is $32.59 and its two-hundred day moving average price is $30.39. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.56 and a current ratio of 2.18.

About Smiths Group

Smiths Group plc operates as a technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane division offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.