Goodwin (LON:GDWN) Hits New 1-Year High at $7,100.00

Goodwin PLC (LON:GDWN) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 7,100 ($89.18) and last traded at GBX 6,855 ($86.11), with a volume of 828 shares trading hands. The stock had previously closed at GBX 7,020 ($88.18).

Analyst Upgrades and Downgrades

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

Goodwin Stock Up 1.8 %

The stock has a market capitalization of £521.36 million, a price-to-earnings ratio of 3,278.85 and a beta of 0.70. The company has a quick ratio of 1.00, a current ratio of 1.51 and a debt-to-equity ratio of 58.39. The firm has a 50-day moving average of GBX 5,697.91 and a two-hundred day moving average of GBX 5,505.08.

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 dividend of GBX 57.50 ($0.72) per share. This represents a yield of 1.22%. This is a positive change from Goodwin’s previous dividend of $53.90. The ex-dividend date was Thursday, March 21st. Goodwin’s payout ratio is presently 5,528.85%.

Insider Activity at Goodwin

In related news, insider Bernard Rafe Ernest Goodwin sold 675 shares of the company’s stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of GBX 5,640 ($70.85), for a total transaction of £38,070 ($47,820.63). 67.55% of the stock is owned by insiders.

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.