Linde (ETR:LIN) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Linde plc (ETR:LINGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €403.28 ($468.93) and traded as low as €392.80 ($456.74). Linde shares last traded at €393.20 ($457.21), with a volume of 10,054 shares trading hands.

Linde Stock Performance

The stock has a fifty day simple moving average of €404.88 and a two-hundred day simple moving average of €403.28. The company has a debt-to-equity ratio of 56.83, a quick ratio of 0.56 and a current ratio of 0.96. The stock has a market cap of $191.00 billion, a price-to-earnings ratio of 30.02, a P/E/G ratio of 2.63 and a beta of 0.88.

About Linde

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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.

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