Smiths Group (OTCMKTS:SMGZY) Upgraded by Barclays to “Hold”

Barclays upgraded shares of Smiths Group (OTCMKTS:SMGZY) to a hold rating in a research note released on Monday, Zacks.com reports.

Separately, Berenberg Bank upgraded Smiths Group to a hold rating in a research report on Friday, August 23rd.

Smiths Group Trading Down 1.7 %

OTCMKTS SMGZY opened at $22.13 on Monday. The stock has a 50-day simple moving average of $23.14 and a two-hundred day simple moving average of $22.01. The company has a current ratio of 1.91, a quick ratio of 1.16 and a debt-to-equity ratio of 0.30. Smiths Group has a fifty-two week low of $18.49 and a fifty-two week high of $24.49.

Smiths Group Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, October 18th will be issued 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.