Smiths Group plc (OTCMKTS:SMGZY) Short Interest Update

Smiths Group plc (OTCMKTS:SMGZY) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 27,300 shares, a decrease of 16.5% from the November 30th total of 32,700 shares. Based on an average daily volume of 27,500 shares, the short-interest ratio is presently 1.0 days.

Analyst Ratings Changes

SMGZY has been the topic of several research reports. Barclays upgraded Smiths Group to a “hold” rating in a research note on Monday, September 30th. Citigroup upgraded Smiths Group to a “strong-buy” rating in a research note on Thursday, November 28th.

Smiths Group Stock Down 0.6 %

SMGZY opened at $21.70 on Friday. Smiths Group has a 12 month low of $19.34 and a 12 month high of $24.49. The company has a quick ratio of 1.39, a current ratio of 2.07 and a debt-to-equity ratio of 0.28. The company has a 50 day moving average of $21.58 and a 200 day moving average of $22.21.

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.