Goodwin (LON:GDWN) Share Price Crosses Above Fifty Day Moving Average - Should You Sell?

Goodwin PLC (LON:GDWN - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 7,205.68 ($98.37) and traded as high as GBX 7,740 ($105.67). Goodwin shares last traded at GBX 7,679.39 ($104.84), with a volume of 731 shares trading hands.

Goodwin Price Performance

The company has a current ratio of 2.21, a quick ratio of 1.00 and a debt-to-equity ratio of 62.10. The stock has a 50-day moving average price of GBX 7,205.68 and a 200 day moving average price of GBX 7,126.88. The stock has a market capitalization of £584.81 million, a price-to-earnings ratio of 34.60 and a beta of 0.54.

Goodwin Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, March 20th were issued a GBX 66.50 ($0.91) dividend. This is a positive change from Goodwin's previous dividend of $57.50. This represents a yield of 0.85%. The ex-dividend date was Thursday, March 20th. Goodwin's dividend payout ratio (DPR) is presently 59.92%.

Insider Activity at Goodwin

In other Goodwin news, insider Timothy J.W. Goodwin bought 1,268 shares of the firm's stock in a transaction dated Wednesday, April 9th. The shares were purchased at an average price of GBX 6,050 ($82.59) per share, for a total transaction of £76,714 ($104,729.01). 67.18% of the stock is owned by company insiders.

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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