Linde Plc (NASDAQ:LIN) currently has a daily average trading volume of 2.29M but it saw 2412171 shares traded in last market. With a market cap of 219.36B USD, the company’s current market price of $460.68 came rising about 1.54 while comparing to the previous closing price of $453.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $487.49 and as low as $410.69. In the recent trading on the day, stock has struck highest price mark of $450.01 while lowest mark touched by it was $461.49.
Taking a look at 20-day trading activity of Linde Plc (LIN) gives us an average price of $438.68, while its current price level is -5.50% below from 52-week high level whereas it is 12.17% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $436.96 while that of 200 days or SMA-200 reads an average of $448.54. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.05% during that period while stretching the period over a month that decreases to 1.61%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 72.64 which implies that the stock is in overbought territory.
Mizuho upgraded its recommendation for the stock as a “Buy” from “Neutral” on April 18, 2024 while assigning a price target of $510. Citigroup issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $475 and $500.
Over the week, LIN’s stock price is moving 3.20% up while it is 11.57% when we observe its performance for the past one month. Year-to-date it is 10.03% up and over the past year, the stock is showing an upside performance of 14.99%.
Currently, Linde Plc’s total number of outstanding shares is 476.16M. Company’s return on investment (ROI) stands at 11.59% and return on equity (ROE) at 16.35%. It has a price to earnings ratio (P/E ratio) of 33.83 while having a 24.96 of forward P/E ratio. Stock’s beta reads 0.96. Stock has a price to book (P/B) ratio of 5.60 while price to sale or P/S ratio amounts to 6.64. Its return on asset (ROA) is 7.96% on average.
