Goodwin (LON:GDWN) Stock Crosses Above 50-Day Moving Average of $5,984.26

Goodwin PLC (LON:GDWNGet Free Report)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 5,984.26 ($75.16) and traded as high as GBX 6,766 ($84.98). Goodwin shares last traded at GBX 6,620 ($83.14), with a volume of 1,153 shares changing hands.

Wall Street Analysts Forecast Growth

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

Get Our Latest Research Report on Goodwin

Goodwin Trading Down 0.6 %

The company has a market cap of £494.16 million, a P/E ratio of 3,167.46 and a beta of 0.70. The stock’s 50-day moving average is GBX 5,984.26 and its two-hundred day moving average is GBX 5,643.01. 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 disclosed 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 is an increase from Goodwin’s previous dividend of $53.90. The ex-dividend date of this dividend was Thursday, March 21st. This represents a yield of 1.22%. Goodwin’s dividend payout ratio is 5,502.39%.

Insiders Place Their Bets

In other Goodwin news, insider Bernard Rafe Ernest Goodwin sold 675 shares of the stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of GBX 5,640 ($70.84), for a total value of £38,070 ($47,814.62). Insiders own 67.58% of the company’s stock.

Goodwin Company Profile

(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.

Further Reading

Receive News & Ratings for Goodwin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goodwin and related companies with MarketBeat.com's FREE daily email newsletter.