Smiths Group (LON:SMIN) Stock Passes Above 200 Day Moving Average of $1,671.80

Smiths Group plc (LON:SMIN - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,671.80 ($21.36) and traded as high as GBX 1,737.62 ($22.21). Smiths Group shares last traded at GBX 1,734 ($22.16), with a volume of 231,036 shares traded.Analysts Set New Price TargetsSeparately, Jefferies Financial Group reissued a "buy" rating and issued a GBX 2,180 ($27.86) price target on shares of Smiths Group in a report on Tuesday, May 21st.View Our Latest Analysis on SMINSmiths Group Price PerformanceThe business's 50 day moving average price is GBX 1,722.60 and its two-hundred day moving average price is GBX 1,671.80. The stock has a market cap of £6.01 billion, a P/E ratio of 2,588.06, a price-to-earnings-growth ratio of 0.35 and a beta of 0.65. The company has a current ratio of 1.91, a quick ratio of 1.29 and a debt-to-equity ratio of 32.22. Insider ActivityIn other Smiths Group news, insider Karin Hoeing acquired 317 shares of the company's stock in a transaction that occurred on Thursday, August 1st. The shares were acquired at an average price of GBX 1,778 ($22.72) per share, with a total value of £5,636.26 ($7,202.89). Insiders own 0.60% of the company's stock. About Smiths Group (Get Free Report)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.Read MoreFive stocks we like better than Smiths Group3 Grocery Stocks That Are Proving They Are Still Essential Cassava Sciences: A Hot Stock to Trade, Invest, or Avoid?How to Invest in Blue Chip StocksMarketBeat Week in Review – 8/5 - 8/9Comparing and Trading High PE Ratio StocksThe Cannabis Sector: Profitability Takes Center StageThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ Why Apple’s Stock Could Be a Recession Safe Zone (From InvestorPlace) (Ad)Should you invest $1,000 in Smiths Group right now?Before you consider Smiths Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Smiths Group wasn't on the list.While Smiths Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here