Goodwin (LON:GDWN) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Goodwin PLC (LON:GDWN)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 7,338.56 ($91.26) and traded as high as GBX 7,580 ($94.27). Goodwin shares last traded at GBX 7,340 ($91.28), with a volume of 2,770 shares.

Goodwin Stock Performance

The business’s fifty day moving average price is GBX 7,338.56 and its two-hundred day moving average price is GBX 7,230.94. The company has a debt-to-equity ratio of 59.96, a quick ratio of 1.00 and a current ratio of 2.21. The stock has a market capitalization of £551.23 million, a P/E ratio of 3,276.79 and a beta of 0.54.

Goodwin (LON:GDWN) last issued its quarterly earnings data on Tuesday, December 17th. The company reported GBX 150.91 ($1.88) earnings per share for the quarter. Goodwin had a return on equity of 13.85% and a net margin of 8.84%.

Goodwin Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, April 11th. Investors of record on Thursday, March 20th will be issued a dividend of GBX 66.50 ($0.83) per share. This represents a yield of 0.85%. The ex-dividend date is Thursday, March 20th. This is a positive change from Goodwin’s previous dividend of $57.50. Goodwin’s dividend payout ratio is presently 5,937.50%.

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.