Goodwin (LON:GDWN) Sets New 52-Week High - Should You Buy?

Key Points

• Goodwin PLC shares reached a new 52-week high of GBX 9,000 ($120.19) during trading, reflecting a significant increase from the previous close of GBX 7,440 ($99.36).
• Analysts from Shore Capital have reiterated a "house stock" rating on Goodwin, indicating positive confidence in the company's future performance.
• The company has a market capitalization of £645.84 million, with financial metrics including a price-to-earnings ratio of 38.21 and a debt-to-equity ratio of 62.10.

Goodwin PLC (LON:GDWN - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 9,000 ($119.46) and last traded at GBX 8,580 ($113.88), with a volume of 8204 shares. The stock had previously closed at GBX 7,440 ($98.75).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a "house stock" rating on shares of Goodwin in a report on Wednesday.

Goodwin Stock Up 1.4%

The firm's 50-day simple moving average is GBX 7,553.13 and its 200 day simple moving average is GBX 7,136.84. The company has a market cap of £657.97 million, a P/E ratio of 38.93 and a beta of 0.54. The company has a debt-to-equity ratio of 62.10, a quick ratio of 1.00 and a current ratio of 2.21.

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 net margin of 8.84% and a return on equity of 14.13%.

About Goodwin

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.