Smiths Group (OTCMKTS:SMGZY) Sets New 12-Month Low – Should You Sell?

Smiths Group plc (OTCMKTS:SMGZY)’s share price hit a new 52-week low on Tuesday . The stock traded as low as $19.34 and last traded at $19.36, with a volume of 86091 shares trading hands. The stock had previously closed at $19.87.

Wall Street Analysts Forecast Growth

Several analysts recently commented on SMGZY shares. Barclays upgraded Smiths Group to a “hold” rating in a research report on Monday, September 30th. Berenberg Bank upgraded shares of Smiths Group to a “hold” rating in a research report on Friday, August 23rd.

Smiths Group Stock Down 0.1 %

The firm’s fifty day simple moving average is $21.83 and its 200 day simple moving average is $22.06. The company has a quick ratio of 1.39, a current ratio of 2.07 and a debt-to-equity ratio of 0.28.

Smiths Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, October 18th will be paid a $0.378 dividend. The ex-dividend date is Friday, October 18th. This is a positive change from Smiths Group’s previous dividend of $0.16.

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.