Linde (ETR:LIN) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Linde plc (ETR:LINGet Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €414.53 ($450.58) and traded as high as €441.00 ($479.35). Linde shares last traded at €435.80 ($473.70), with a volume of 29,987 shares changing hands.

Linde Stock Performance

The stock has a market cap of $207.40 billion, a price-to-earnings ratio of 52.39, a PEG ratio of 2.63 and a beta of 0.88. The company’s 50 day simple moving average is €429.49 and its 200 day simple moving average is €414.54. The company has a debt-to-equity ratio of 45.40, a quick ratio of 0.56 and a current ratio of 0.79.

Linde Company Profile

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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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