Linde (ETR:LIN) Shares Pass Above 200-Day Moving Average – What’s Next?

Linde plc (ETR:LINGet Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €413.76 ($449.74) and traded as high as €445.60 ($484.35). Linde shares last traded at €444.40 ($483.04), with a volume of 14,358 shares traded.

Linde Stock Down 1.3 %

The company has a debt-to-equity ratio of 45.40, a quick ratio of 0.56 and a current ratio of 0.79. The company’s fifty day moving average price is €426.86 and its 200-day moving average price is €413.97. The stock has a market cap of $215.96 billion, a P/E ratio of 54.37, a price-to-earnings-growth 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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