Smiths Group (OTCMKTS:SMGZY) Hits New 12-Month High – Here’s Why

Smiths Group plc (OTCMKTS:SMGZY)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $27.57 and last traded at $27.57, with a volume of 20864 shares traded. The stock had previously closed at $27.14.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada reiterated a “sector perform” rating on shares of Smiths Group in a research report on Monday, February 3rd.

Smiths Group Price Performance

The firm has a 50 day moving average price of $25.25 and a 200-day moving average price of $23.79. The company has a quick ratio of 1.39, a current ratio of 2.07 and a debt-to-equity ratio of 0.28.

Smiths Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Friday, April 4th will be paid a $0.1839 dividend. The ex-dividend date of this dividend is Friday, April 4th.

Smiths Group Company Profile

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.