NEW YORK – Shares of the industrial gas and engineering giant Linde PLC (NASDAQ: LIN) ended the recent trading session in positive territory, bucking midday volatility to secure a modest gain. The stock closed at $472.89, representing an increase of $1.40, or 0.30%, for the day.
The session on Friday, July 26th, was a tale of two halves for Linde’s stock. After opening at $472.44, just under its previous close of $471.49, the shares experienced a significant dip, hitting a daily low of $468.57 before noon. However, the stock demonstrated resilience in the afternoon, embarking on a steady climb to reach a high of $473.66 and ultimately closing near its peak for the day.
This performance keeps the stock within sight of its 52-week high of $487.49, a key level that investors have been monitoring. The company’s 52-week low stands at $408.65. Key financial metrics for Linde include a P/E ratio of 34.32 and a dividend yield of 1.27%, according to the latest market data.
Despite the strong finish to the week, early signals for the next trading session suggest a potentially softer open. According to data from Sunday, July 28th, Linde’s stock was indicating a slight decline in pre-market activity, trading down 0.093% to $472.45. This movement has set a cautious tone, as investors await the opening bell to see if the stock can maintain its upward momentum or if a new wave of selling pressure will materialize.
