Linde (ETR:LIN) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of Linde plc (ETR:LINGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €383.23 and traded as high as €389.00. Linde shares last traded at €388.60, with a volume of 16,779 shares trading hands.

Linde Trading Up 0.7%

The company has a debt-to-equity ratio of 56.83, a current ratio of 0.96 and a quick ratio of 0.56. The business has a fifty day moving average of €368.42 and a 200-day moving average of €383.23. The stock has a market capitalization of $194.28 billion, a price-to-earnings ratio of 30.53, a price-to-earnings-growth ratio of 2.63 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. 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.

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