Goodwin (LON:GDWN) Stock Crosses Below 50 Day Moving Average of $2,695.75

Goodwin PLC (LON:GDWNGet Rating) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 2,695.75 ($32.57) and traded as low as GBX 2,685 ($32.44). Goodwin shares last traded at GBX 2,750 ($33.23), with a volume of 4 shares traded.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “house stock” rating on shares of Goodwin in a research report on Wednesday, August 3rd.

Goodwin Trading Down 0.9 %

The firm has a market cap of £211.48 million and a price-to-earnings ratio of 1,627.22. The company has a debt-to-equity ratio of 36.03, a quick ratio of 1.00 and a current ratio of 1.94. The business has a fifty day moving average of GBX 2,695.75 and a two-hundred day moving average of GBX 2,953.53.

Goodwin Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, April 12th. Investors of record on Thursday, March 23rd will be issued a GBX 53.90 ($0.65) dividend. This represents a dividend yield of 1.93%. The ex-dividend date is Thursday, March 23rd. Goodwin’s dividend payout ratio is currently 60.50%.

About Goodwin

(Get Rating)

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, axial nozzle check, 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 border security agencies.

Further Reading

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