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

Linde plc (ETR:LIN)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €389.72 and traded as low as €356.60. Linde shares last traded at €360.20, with a volume of 43,393 shares trading hands.

Linde Price Performance

The stock has a market capitalization of $178.69 billion, a PE ratio of 28.08, a price-to-earnings-growth ratio of 2.63 and a beta of 0.88. The company has a current ratio of 0.96, a quick ratio of 0.56 and a debt-to-equity ratio of 56.83. The firm has a 50 day moving average price of €363.04 and a 200 day moving average price of €389.51.

Linde Company Profile

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.