Linde (ETR:LIN) Shares Pass Above 200-Day Moving Average of $412.76

Shares of Linde plc (ETR:LINGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €412.76 ($453.58) and traded as high as €421.80 ($463.52). Linde shares last traded at €420.80 ($462.42), with a volume of 33,436 shares trading 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 company has a 50-day simple moving average of €413.71 and a two-hundred day simple moving average of €412.82. The stock has a market cap of $206.61 billion, a price-to-earnings ratio of 52.02, a price-to-earnings-growth ratio of 2.54 and a beta of 0.88.

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.

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