Goodwin (LON:GDWN) Stock Crosses Above 50 Day Moving Average of $6,192.26

Goodwin PLC (LON:GDWNGet Free Report)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 6,192.26 ($79.08) and traded as high as GBX 6,260 ($79.95). Goodwin shares last traded at GBX 6,200 ($79.18), with a volume of 26,318 shares changing hands.

Wall Street Analyst Weigh In

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

View Our Latest Report on Goodwin

Goodwin Price Performance

The stock has a market cap of £455.48 million, a P/E ratio of 2,966.51 and a beta of 0.65. The company has a current ratio of 1.51, a quick ratio of 1.00 and a debt-to-equity ratio of 58.39. The company’s fifty day simple moving average is GBX 6,192.26 and its 200-day simple moving average is GBX 5,710.44.

Goodwin Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 12th. Investors of record on Thursday, March 21st were given a GBX 57.50 ($0.73) dividend. This represents a yield of 1.22%. The ex-dividend date of this dividend was Thursday, March 21st. This is a positive change from Goodwin’s previous dividend of $53.90. Goodwin’s dividend payout ratio is 5,502.39%.

Insider Buying and Selling at Goodwin

In other news, insider Bernard Rafe Ernest Goodwin sold 675 shares of the stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of GBX 5,640 ($72.03), for a total value of £38,070 ($48,620.69). Company insiders own 67.58% of the company’s stock.

About Goodwin

(Get Free Report)

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.

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