Linde plc (NYSE:LIN) traded at a new 52-week high today of $319.03. This new high was reached on below average trading volume as 306,000 shares traded hands, while the average 30-day volume is approximately 1.5 million shares.
Over the past year, Linde plc has traded in a range of $214.14 to $319.03 and is now at $318.71, 49% above that low.
Linde plc is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm’s main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steel making. Linde generated approximately $27.2 billion in revenue and $3.3 billion in GAAP operating profit in 2020.
Based on a current price of $318.71, Linde plc is currently 24.9% above its average consensus analyst price target of $239.27.
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