Insider Buying: Smiths Group plc (LON:SMIN) Insider Purchases £1,779.33 in Stock

Smiths Group plc (LON:SMIN) insider Richard Howes acquired 111 shares of Smiths Group stock in a transaction that occurred on Wednesday, May 1st. The stock was acquired at an average cost of GBX 1,603 ($20.14) per share, with a total value of £1,779.33 ($2,235.06).

Smiths Group Stock Up 1.6 %

Shares of LON SMIN opened at GBX 1,640 ($20.60) on Friday. The stock has a market capitalization of £5.68 billion, a PE ratio of 2,484.85, a price-to-earnings-growth ratio of 0.35 and a beta of 0.65. The company has a current ratio of 1.91, a quick ratio of 1.29 and a debt-to-equity ratio of 32.22. Smiths Group plc has a 12-month low of GBX 1,517.50 ($19.06) and a 12-month high of GBX 1,776.50 ($22.32). The stock’s fifty day simple moving average is GBX 1,624.01 and its two-hundred day simple moving average is GBX 1,643.66.

Smiths Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, May 13th. Shareholders of record on Thursday, April 4th will be paid a GBX 13.55 ($0.17) dividend. The ex-dividend date of this dividend is Thursday, April 4th. This represents a yield of 0.82%. Smiths Group’s dividend payout ratio (DPR) is presently 6,363.64%.

About Smiths Group

Smiths Group plc operates as a technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane division offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.