Insider Selling: Goodwin PLC (LON:GDWN) Insider Sells 675 Shares of Stock

Goodwin PLC (LON:GDWN) insider Bernard Rafe Ernest Goodwin sold 675 shares of the business’s stock in a transaction on Wednesday, April 10th. The shares were sold at an average price of GBX 5,640 ($70.21), for a total transaction of £38,070 ($47,392.01).

Goodwin Stock Up 2.6 %

Shares of LON:GDWN opened at GBX 6,200 ($77.18) on Tuesday. Goodwin PLC has a 52-week low of GBX 3,780 ($47.06) and a 52-week high of GBX 6,200 ($77.18). The firm has a fifty day moving average of GBX 5,505.22 and a 200 day moving average of GBX 5,403.45. The firm has a market capitalization of £465.62 million, a PE ratio of 2,980.77 and a beta of 0.70. The company has a debt-to-equity ratio of 58.39, a quick ratio of 1.00 and a current ratio of 1.51.

Goodwin Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 12th. Shareholders of record on Thursday, March 21st were paid a GBX 57.50 ($0.72) dividend. The ex-dividend date was Thursday, March 21st. This is an increase from Goodwin’s previous dividend of $53.90. This represents a yield of 1.22%. Goodwin’s payout ratio is currently 5,528.85%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “house stock” rating on shares of Goodwin in a research report on Thursday, March 14th.

About Goodwin

Goodwin PLC, together with its subsidiaries, provides mechanical and refractory engineering solutions primarily in the United Kingdom, rest of Europe, the United States, the Pacific Basin, and internationally. The company designs, manufactures, and sells dual plate check valves, axial nozzle check valves and axial piston control, and isolation valves for large construction projects, including the construction of naval vessels, nuclear waste treatment, nuclear power generation, liquefied natural gas, gas, oil, petrochemical, mining, and water markets; submersible slurry pumps; and radar surveillance systems for defense contractors, civil aviation authorities, and coastal border security agencies.