Linde (ETR:LIN) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

Linde plc (ETR:LINGet Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €415.36 ($437.22) and traded as high as €429.80 ($452.42). Linde shares last traded at €424.00 ($446.32), with a volume of 25,537 shares changing hands.

Linde Price Performance

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 stock has a market capitalization of $206.22 billion, a price-to-earnings ratio of 51.92, a price-to-earnings-growth ratio of 2.63 and a beta of 0.88. The business’s 50 day simple moving average is €430.29 and its 200-day simple moving average is €415.64.

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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