Smiths Group (OTCMKTS:SMGZY) Stock Moved Up to “Hold” by Zacks Research

Smiths Group (OTCMKTS:SMGZY) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Monday, Zacks reports.

SMGZY has been the topic of a number of other research reports. The Goldman Sachs Group upgraded shares of Smiths Group to a “strong-buy” rating in a report on Thursday, August 6th. Citigroup lowered Smiths Group from a “buy” rating to a “hold” rating in a report on Wednesday, September 23rd. Two investment analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Smiths Group Stock Performance

OTCMKTS SMGZY opened at $37.75 on Monday. The company has a fifty day simple moving average of $35.56 and a 200 day simple moving average of $34.36. Smiths Group has a 12-month low of $28.29 and a 12-month high of $38.21. The company has a debt-to-equity ratio of 0.70, a current ratio of 3.04 and a quick ratio of 2.77.

About Smiths Group

Smiths Group plc is a United Kingdom-based engineering company that develops and manufactures specialized products and technologies for critical applications. Its businesses serve markets including aerospace, defense, transportation, energy, medical, communications, and infrastructure, with operations and customers across international markets.

The company’s principal activities include threat-detection and screening systems through Smiths Detection; engineered sealing and rotating-equipment solutions through John Crane; engineered components and systems for aerospace, industrial, and other demanding applications through Flex-Tek; and electronic connectors and high-performance interconnect solutions through Smiths Interconnect.