Smiths Group (OTCMKTS:SMGZY) Hits New 1-Year High – Here’s What Happened

Smiths Group plc (OTCMKTS:SMGZY)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $29.34 and last traded at $29.13, with a volume of 17174 shares traded. The stock had previously closed at $27.99.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada reissued a “sector perform” rating on shares of Smiths Group in a research note on Monday, February 3rd.

Smiths Group Stock Performance

The firm’s fifty day moving average is $25.40 and its 200-day moving average is $24.02. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.07 and a quick ratio of 1.39.

Smiths Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Friday, April 4th will be given a $0.1839 dividend. The ex-dividend date of this dividend is Friday, April 4th.

Smiths Group Company Profile

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.