Linde (ETR:LIN) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

by · The Markets Daily

Linde plc (ETR:LINGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €426.57 and traded as high as €448.40. Linde shares last traded at €439.00, with a volume of 26,212 shares.

Linde News Summary

Here are the key news stories impacting Linde this week:

Linde Price Performance

The business’s 50-day simple moving average is €449.45 and its 200 day simple moving average is €426.57. The company has a market capitalization of $206.89 billion, a P/E ratio of 32.51, a P/E/G ratio of 2.63 and a beta of 0.55. The company has a current ratio of 0.88, a quick ratio of 0.56 and a debt-to-equity ratio of 71.68.

Linde Company Profile

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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. 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.

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