Gooch & Housego (LON:GHH) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Gooch & Housego PLC (LON:GHH) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 576.02 and traded as high as GBX 767. Gooch & Housego shares last traded at GBX 765.52, with a volume of 170,163 shares trading hands.

Gooch & Housego Trading Up 0.7%

The company has a quick ratio of 1.66, a current ratio of 3.19 and a debt-to-equity ratio of 29.92. The company has a market cap of £209.53 million, a P/E ratio of 57.56 and a beta of 0.96. The business has a 50-day moving average price of GBX 620.61 and a two-hundred day moving average price of GBX 576.02.

Gooch & Housego (LON:GHH) last announced its quarterly earnings data on Tuesday, December 2nd. The company reported GBX 35.40 EPS for the quarter. Gooch & Housego had a return on equity of 1.02% and a net margin of 0.78%. On average, analysts predict that Gooch & Housego PLC will post 40.9691418 EPS for the current year.

Insider Buying and Selling

In other Gooch & Housego news, insider Charlie Peppiatt sold 41,617 shares of Gooch & Housego stock in a transaction on Monday, January 12th. The shares were sold at an average price of GBX 614, for a total transaction of £255,528.38. Also, insider Louise Evans bought 953 shares of the company’s stock in a transaction on Tuesday, December 2nd. The shares were acquired at an average price of GBX 523 per share, with a total value of £4,984.19. Insiders own 1.31% of the company’s stock.

About Gooch & Housego

Gooch & Housego PLC engages in the manufacture and sale of acousto-optics, electro-optics, fiber optics, and precision optics and systems in the United Kingdom, North America, Europe, the Asia Pacific, and internationally. It offers acousto-optic products, such as acoustic-optic modulators, deflectors, frequency shifters, mode lockers, pulse pickers, Q-switches, tunable filters, and RF drivers; crystal optics, including crystals and nonlinear optics, lithium niobate wafers, and periodically-poled lithium niobite; and electro-optics, such as pockels cells, lithium niobate Q-switches, and pockels cell drivers.