Goodwin (LON:GDWN) Reaches New 12-Month High at $7,100.00

Goodwin PLC (LON:GDWN)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as GBX 7,100 ($87.70) and last traded at GBX 6,855 ($84.67), with a volume of 828 shares trading hands. The stock had previously closed at GBX 7,020 ($86.71).

Wall Street Analysts Forecast Growth

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

Goodwin Price Performance

The stock’s 50-day moving average is GBX 5,670.11 and its 200 day moving average is GBX 5,492.12. The company has a market cap of £529.92 million, a PE ratio of 3,375.00 and a beta of 0.70. The company has a debt-to-equity ratio of 58.39, a current ratio of 1.51 and a quick ratio of 1.00.

Goodwin Increases Dividend

The business also recently declared a dividend, which was paid on Friday, April 12th. Shareholders of record on Thursday, March 21st were issued a GBX 57.50 ($0.71) dividend. The ex-dividend date was Thursday, March 21st. This represents a dividend yield of 1.22%. This is a boost from Goodwin’s previous dividend of $53.90. Goodwin’s dividend payout ratio (DPR) is currently 5,528.85%.

Insiders Place Their Bets

In other Goodwin news, insider Bernard Rafe Ernest Goodwin sold 675 shares of the firm’s stock in a transaction on Wednesday, April 10th. The shares were sold at an average price of GBX 5,640 ($69.66), for a total value of £38,070 ($47,023.22). Corporate insiders own 67.55% of the company’s stock.

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.