MAJOR BIZ

TitleMAJOR BIZ
ProductsMechanical equipment, hardware, electrical products, Medical & Chemicals, light industrial products and office
Company typeDistributor/Wholesaler
Website
Email
Phone44 7031 944906
AddressUnits 3a & 3b, Olympic Way, Sefton Business Park, ; Aintree Liverpool, United Kingdom, United Kingdom
ZipL30 1RD
CountryUnited Kingdom
ProductsMechanical equipment, hardware, electrical products, Medical & Chemicals, light industrial products and office
Num of employees501 - 1000 People
Establish year1997
Contact personMANAGER
MarketsWorldwide
SalesAbove US$100 Million

Smiths Group (OTCMKTS:SMGZY) Cut to Hold at Zacks Investment Research

(collapsable)→
Mon, 06 Dec 2021 21:52:00

Zacks Investment Research cut shares of Smiths Group (OTCMKTS:SMGZY) from a buy rating to a hold rating in a research note published on Friday morning, Zacks.com reports.

According to Zacks, “Smiths Group plc is a technology company. The Company designs, manufactures and delivers products and services for the threat & contraband detection, medical devices, energy and communications market. Its operating segment consists John Crane sector provides mechanical seals, seal support systems, engineered bearings, power transmission couplings and specialist filtration systems, Smiths Medical sector provides infusion systems, vascular access, patient airway and temperature management equipment and specialty devices. Smiths Detection sector provides sensors that detect and identify explosives, narcotics, weapons, chemical agents, biohazards and contraband; Smiths Interconnect sector provides specialised electronic and radio frequency components and sub-systems that connect, protect and control critical systems; Flex-Tek division provides engineered components that heat and move fluids and gases, flexible hosing and rigid tubing. Smiths Group plc is headquartered in London, the United Kingdom. “

Shares of SMGZY stock opened at $20.04 on Friday. The stock’s 50-day moving average is $19.50 and its two-hundred day moving average is $20.51. Smiths Group has a 1 year low of $18.60 and a 1 year high of $23.33. The company has a quick ratio of 2.39, a current ratio of 2.77 and a debt-to-equity ratio of 0.61.

The company also recently disclosed a dividend, which was paid on Tuesday, November 30th. Shareholders of record on Friday, October 22nd were issued a dividend of $0.5206 per share. This represents a dividend yield of 2.66%. The ex-dividend date was Thursday, October 21st.

About Smiths Group

Smiths Group Plc engages in the development, manufacture, and sale of control systems and instruments for industrial applications. It operates through the following business segments: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect, and Flex-Tek. The John Crane segment produces mechanical seals, engineered bearings, power transmission couplings, seal support, and filtration systems.

Further Reading: What is included in the gross domestic product?

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