Gooch & Housego (LON:GHH) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Gooch & Housego PLC (LON:GHH) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 608.18 and traded as high as GBX 770. Gooch & Housego shares last traded at GBX 763.94, with a volume of 57,643 shares trading hands.

Gooch & Housego Stock Down 1.3%

The firm’s fifty day moving average is GBX 703.37 and its two-hundred day moving average is GBX 608.18. The firm has a market cap of £209.10 million, a price-to-earnings ratio of 57.44 and a beta of 0.74. The company has a debt-to-equity ratio of 43.47, a current ratio of 2.74 and a quick ratio of 1.66.

Insiders Place Their Bets

In other news, insider Charlie Peppiatt sold 41,617 shares of Gooch & Housego stock in a transaction on Monday, January 12th. The stock was sold at an average price of GBX 614, for a total transaction of £255,528.38. 1.31% of the stock is owned by company insiders.

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.