Goodwin (LON:GDWN) Stock Price Crosses Above 50-Day Moving Average - Should You Sell?

Goodwin PLC (LON:GDWN - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 6,989.60 ($93.83) and traded as high as GBX 7,700 ($103.37). Goodwin shares last traded at GBX 7,640 ($102.56), with a volume of 3,654 shares trading hands.

Goodwin Trading Down 2.1%

The company has a debt-to-equity ratio of 62.10, a current ratio of 2.21 and a quick ratio of 1.00. The business's 50-day simple moving average is GBX 6,989.60 and its 200-day simple moving average is GBX 7,058.57. The company has a market cap of £569.63 million, a price-to-earnings ratio of 33.70 and a beta of 0.54.

Goodwin Increases Dividend

The business also recently declared a dividend, which was paid on Friday, April 11th. Stockholders of record on Thursday, March 20th were issued a GBX 66.50 ($0.89) dividend. This represents a dividend yield of 0.85%. This is a boost from Goodwin's previous dividend of $57.50. The ex-dividend date was Thursday, March 20th. Goodwin's payout ratio is 59.92%.

Insider Activity at Goodwin

In related news, insider Timothy J.W. Goodwin bought 1,268 shares of the firm's stock in a transaction that occurred on Wednesday, April 9th. The shares were acquired at an average cost of GBX 6,050 ($81.22) per share, with a total value of £76,714 ($102,985.64). 67.18% of the stock is currently owned by corporate 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.