Goodwin (LON:GDWN) Reaches New 52-Week High - What's Next?

Key Points

• Goodwin PLC's stock reached a new 52-week high of GBX 9,980 ($134.81) during trading, closing at GBX 9,940 ($134.27) after a trading volume of 575 shares.
• The company has a market capitalization of £735.64 million and reported an EPS of GBX 327.17 ($4.42) in its latest quarterly earnings.
• Shore Capital has restated a "house stock" rating for Goodwin, indicating continued confidence in the company's performance and potential growth.

Goodwin PLC (LON:GDWN - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 9,980 ($134.81) and last traded at GBX 9,940 ($134.27), with a volume of 575 shares traded. The stock had previously closed at GBX 9,580 ($129.41).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a "house stock" rating on shares of Goodwin in a research note on Wednesday, July 30th.

Goodwin Price Performance

The company has a market capitalization of £735.64 million, a price-to-earnings ratio of 43.52 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. The company has a 50 day simple moving average of GBX 8,042.13 and a 200 day simple moving average of GBX 7,286.52.

Goodwin (LON:GDWN - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported GBX 327.17 ($4.42) 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.

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