Linde (ETR:LIN) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Shares of Linde plc (ETR:LIN – Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €391.88 and traded as low as €343.20. Linde shares last traded at €355.80, with a volume of 62,198 shares trading hands.

Linde Stock Up 0.3%

The firm’s 50-day simple moving average is €366.98 and its 200 day simple moving average is €391.27. The company has a debt-to-equity ratio of 56.83, a quick ratio of 0.56 and a current ratio of 0.96. The stock has a market capitalization of $177.20 billion, a P/E ratio of 27.85, a PEG ratio of 2.63 and a beta of 0.88.

Linde Company Profile

(Get Free Report)

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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