Smiths Group (OTCMKTS:SMGZY) Downgraded to Strong Sell Rating by Zacks Research

Smiths Group (OTCMKTS:SMGZY) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Thursday,Zacks.com reports.

Other analysts have also recently issued reports about the stock. Citigroup reaffirmed a “buy” rating on shares of Smiths Group in a research note on Thursday. Berenberg Bank raised shares of Smiths Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Smiths Group Price Performance

Shares of SMGZY opened at $35.06 on Thursday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.56 and a current ratio of 2.18. Smiths Group has a twelve month low of $21.76 and a twelve month high of $37.00. The firm’s 50-day moving average is $33.48 and its two-hundred day moving average is $32.89.

Smiths Group Company Profile

Smiths Group plc, headquartered in London, is a diversified engineering firm with roots dating back to 1851. Over its long history, the company has evolved from a manufacturer of timepieces into a provider of critical components and systems for industries ranging from energy and natural resources to healthcare and security. Smiths Group is publicly traded on the London Stock Exchange and its American depositary receipts trade over-the-counter under the symbol SMGZY.

The company operates through four principal divisions.