Linde (ETR:LIN) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?
by Renee Jackson · The Cerbat GemLinde plc (ETR:LIN – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €409.44 and traded as high as €463.60. Linde shares last traded at €462.40, with a volume of 21,281 shares trading hands.
Linde Trading Down 1.1%
The stock has a market capitalization of $227.04 billion, a price-to-earnings ratio of 35.68, a P/E/G ratio of 2.63 and a beta of 0.55. The company has a debt-to-equity ratio of 68.24, a quick ratio of 0.56 and a current ratio of 0.83. The firm has a fifty day moving average of €436.35 and a 200-day moving average of €409.44.
Linde Company Profile
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. The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas businesses in various locations, such as air separation, hydrogen, synthesis, olefin, and natural gas plants.