Shore Capital Reiterates House Stock Rating for Goodwin (LON:GDWN)

Key Points

• Goodwin's stock rating has been reaffirmed as a "house stock" by Shore Capital in their latest report.
• The company's shares opened at GBX 8,420 and have a market capitalization of £641.21 million, with a 12-month trading range between GBX 5,540 and GBX 9,000.
• Goodwin PLC specializes in providing mechanical and refractory engineering solutions across various industries, including defense and energy sectors.

Goodwin (LON:GDWN - Get Free Report)'s stock had its "house stock" rating restated by investment analysts at Shore Capital in a research report issued to clients and investors on Wednesday, MarketBeat reports.

Goodwin Trading Up 1.4%

LON GDWN traded up GBX 120 ($1.59) on Wednesday, reaching GBX 8,640 ($114.68). The company had a trading volume of 7,368 shares, compared to its average volume of 3,810. The stock's 50 day moving average is GBX 7,553.13 and its 200-day moving average is GBX 7,136.84. The stock has a market cap of £657.97 million, a price-to-earnings ratio of 38.93 and a beta of 0.54. The company has a quick ratio of 1.00, a current ratio of 2.21 and a debt-to-equity ratio of 62.10. Goodwin has a 52 week low of GBX 5,540 ($73.53) and a 52 week high of GBX 9,000 ($119.46).

Goodwin (LON:GDWN - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported GBX 327.17 ($4.34) EPS for the quarter. Goodwin had a return on equity of 14.13% and a net margin of 8.84%.

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.