Linde (ETR:LIN) Shares Pass Above 200-Day Moving Average – Time to Sell?

by · The Cerbat Gem

Linde plc (ETR:LINGet Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €414.53 ($450.58) and traded as high as €441.00 ($479.35). Linde shares last traded at €435.80 ($473.70), with a volume of 29,987 shares traded.

Linde Trading Down 0.3 %

The company has a debt-to-equity ratio of 45.40, a current ratio of 0.79 and a quick ratio of 0.56. The business’s 50-day simple moving average is €429.49 and its two-hundred day simple moving average is €414.54. The stock has a market capitalization of $207.40 billion, a price-to-earnings ratio of 52.39, a PEG 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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