Goodwin (LON:GDWN) Sets New 52-Week High at $7,300.00

Goodwin PLC (LON:GDWN)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 7,300 ($91.71) and last traded at GBX 7,080 ($88.94), with a volume of 668 shares changing hands. The stock had previously closed at GBX 6,920 ($86.93).

Wall Street Analyst Weigh In

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

Goodwin Stock Performance

The company has a market capitalization of £519.69 million, a PE ratio of 3,311.00 and a beta of 0.70. The firm has a 50-day moving average of GBX 5,830.31 and a two-hundred day moving average of GBX 5,570.31. The company has a quick ratio of 1.00, a current ratio of 1.51 and a debt-to-equity ratio of 58.39.

Goodwin Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 12th. Investors of record on Thursday, March 21st were paid a GBX 57.50 ($0.72) dividend. This is a boost from Goodwin’s previous dividend of $53.90. This represents a dividend yield of 1.22%. The ex-dividend date was Thursday, March 21st. Goodwin’s payout ratio is currently 5,502.39%.

Insider Buying and Selling

In other news, insider Bernard Rafe Ernest Goodwin sold 675 shares of the firm’s stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of GBX 5,640 ($70.85), for a total transaction of £38,070 ($47,826.63). 67.58% of the stock is currently owned by insiders.

Goodwin Company Profile

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.