Smiths Group (OTCMKTS:SMGZY) Rating Lowered to “Strong Sell” at 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 research report issued to clients and investors on Thursday,Zacks.com reports.

A number of other research analysts also recently weighed in on SMGZY. Berenberg Bank raised Smiths Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. Citigroup reissued a “buy” rating on shares of Smiths Group in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Smiths Group Price Performance

Smiths Group stock opened at $35.06 on Thursday. Smiths Group has a one year low of $21.76 and a one year high of $37.00. The company’s fifty day moving average price is $33.48 and its two-hundred day moving average price is $32.89. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.18 and a quick ratio of 1.56.

About Smiths Group

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.