Linde (ETR:LIN) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Linde plc (ETR:LINGet Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €421.24 ($438.79) and traded as high as €422.80 ($440.42). Linde shares last traded at €420.20 ($437.71), with a volume of 27,936 shares.

Linde Price Performance

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 company’s 50-day simple moving average is €417.39 and its 200-day simple moving average is €421.24. The company has a market cap of $207.30 billion, a price-to-earnings ratio of 52.19, a P/E/G ratio of 2.63 and a beta of 0.88.

Linde Company Profile

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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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