Smiths Group (OTCMKTS:SMGZY) Rating Lowered to Strong Sell at Zacks Research

Smiths Group (OTCMKTS:SMGZY) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Thursday,Zacks.com reports.

A number of other equities research analysts have also commented on the stock. Berenberg Bank raised shares of Smiths Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. Citigroup restated a “buy” rating on shares of Smiths Group in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Smiths Group Stock Down 1.0%

Shares of SMGZY stock opened at $35.06 on Thursday. Smiths Group has a one year low of $21.76 and a one year high of $37.00. The company has a quick ratio of 1.56, a current ratio of 2.18 and a debt-to-equity ratio of 0.31. The stock has a fifty day moving average price of $33.48 and a 200 day moving average price of $32.89.

About Smiths Group

Smiths Group plc, headquartered in London, is a diversified engineering firm with roots dating back to 1851. Over its long history, the company has evolved from a manufacturer of timepieces into a provider of critical components and systems for industries ranging from energy and natural resources to healthcare and security. Smiths Group is publicly traded on the London Stock Exchange and its American depositary receipts trade over-the-counter under the symbol SMGZY.

The company operates through four principal divisions.