Shares of Linde plc (ETR:LIN – Get Free Report) passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of €431.16 and traded as low as €427.60. Linde shares last traded at €434.00, with a volume of 9,022 shares changing hands.
Linde Stock Down 0.7%
The company has a market capitalization of $214.63 billion, a PE ratio of 33.73, a price-to-earnings-growth ratio of 2.63 and a beta of 0.53. The company has a quick ratio of 0.56, a current ratio of 0.88 and a debt-to-equity ratio of 71.68. The firm has a 50-day moving average of €415.41 and a two-hundred day moving average of €431.25.
About Linde
Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas businesses in various locations, such as air separation, hydrogen, synthesis, olefin, and natural gas plants.
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