Linde (ETR:LIN) Share Price Passes Above 200-Day Moving Average – Here’s What Happened

Linde plc (ETR:LINGet Free Report)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €392.69 and traded as high as €440.60. Linde shares last traded at €438.40, with a volume of 12,724 shares trading hands.

Linde Trading Down 0.3%

The business’s fifty day moving average price is €426.32 and its 200 day moving average price is €392.69. The company has a quick ratio of 0.56, a current ratio of 0.83 and a debt-to-equity ratio of 68.24. The firm has a market capitalization of $216.91 billion, a PE ratio of 34.09, a P/E/G ratio of 2.63 and a beta of 0.83.

About Linde

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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. The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas businesses in various locations, such as air separation, hydrogen, synthesis, olefin, and natural gas plants.

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