Linde (ETR:LIN) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Linde plc (ETR:LIN)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €384.09 and traded as high as €432.40. Linde shares last traded at €427.20, with a volume of 28,068 shares traded.

Linde Stock Down 0.4%

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 stock has a market cap of $211.16 billion, a PE ratio of 33.19, a price-to-earnings-growth ratio of 2.63 and a beta of 0.88. The business has a fifty day moving average of €383.87 and a 200-day moving average of €383.96.

About Linde

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.