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Gooch & Housego (LON:GHH) Share Price Crosses Above 200-Day Moving Average - Should You Sell?

Gooch & Housego logo with Computer and Technology background

Gooch & Housego PLC (LON:GHH - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 469.07 ($6.44) and traded as high as GBX 626 ($8.59). Gooch & Housego shares last traded at GBX 620 ($8.51), with a volume of 23,346 shares changing hands.

Gooch & Housego Stock Performance

The business has a 50-day moving average price of GBX 500.07 and a 200-day moving average price of GBX 468.59. The company has a quick ratio of 1.66, a current ratio of 3.19 and a debt-to-equity ratio of 29.92. The firm has a market capitalization of £156.99 million, a price-to-earnings ratio of 143.50 and a beta of 0.96.

Gooch & Housego (LON:GHH - Get Free Report) last released its quarterly earnings results on Tuesday, June 3rd. The company reported GBX 15 ($0.21) EPS for the quarter. Gooch & Housego had a return on equity of 1.02% and a net margin of 0.78%. As a group, sell-side analysts forecast that Gooch & Housego PLC will post 40.9691418 earnings per share for the current year.

Gooch & Housego Company Profile

(Get Free Report)

Gooch & Housego PLC engages in the manufacture and sale of acousto-optics, electro-optics, fiber optics, and precision optics and systems in the United Kingdom, North America, Europe, the Asia Pacific, and internationally. It offers acousto-optic products, such as acoustic-optic modulators, deflectors, frequency shifters, mode lockers, pulse pickers, Q-switches, tunable filters, and RF drivers; crystal optics, including crystals and nonlinear optics, lithium niobate wafers, and periodically-poled lithium niobite; and electro-optics, such as pockels cells, lithium niobate Q-switches, and pockels cell drivers.

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