Goodwin (LON:GDWN) Stock Price Passes Above Fifty Day Moving Average of $3,029.03

Goodwin PLC (LON:GDWNGet Rating) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 3,029.03 ($35.82) and traded as high as GBX 3,411 ($40.33). Goodwin shares last traded at GBX 3,385 ($40.03), with a volume of 472 shares traded.

Wall Street Analysts Forecast Growth

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

Goodwin Trading Up 0.6 %

The stock has a market cap of £260.31 million and a price-to-earnings ratio of 2,002.96. The firm’s 50 day moving average is GBX 3,029.03 and its two-hundred day moving average is GBX 2,871.06. The company has a quick ratio of 1.00, a current ratio of 1.94 and a debt-to-equity ratio of 36.03.

Insiders Place Their Bets

In other Goodwin news, insider Matthew Stanley Goodwin sold 4,971 shares of the company’s stock in a transaction dated Wednesday, October 12th. The shares were sold at an average price of GBX 3,185 ($37.66), for a total value of £158,326.35 ($187,213.37).

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.

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