Smiths Group (OTCMKTS:SMGZY) Hits New 52-Week High – Here’s What Happened

Shares of Smiths Group PLC (OTCMKTS:SMGZY) reached a new 52-week high on Wednesday . The company traded as high as $35.93 and last traded at $35.93, with a volume of 2099 shares. The stock had previously closed at $35.61.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Smiths Group from a “strong sell” rating to a “hold” rating in a research note on Monday, November 24th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Smiths Group presently has a consensus rating of “Hold”.

Smiths Group Trading Up 0.4%

The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.56 and a current ratio of 2.18. The stock’s fifty day simple moving average is $32.98 and its 200-day simple moving average is $32.66.

Smiths Group Company Profile

Smiths Group plc, headquartered in London, is a diversified engineering firm with roots dating back to 1851. Over its long history, the company has evolved from a manufacturer of timepieces into a provider of critical components and systems for industries ranging from energy and natural resources to healthcare and security. Smiths Group is publicly traded on the London Stock Exchange and its American depositary receipts trade over-the-counter under the symbol SMGZY.

The company operates through four principal divisions.