Goodwin (LON:GDWN) Shares Cross Above 50 Day Moving Average – Should You Sell?

by · The Cerbat Gem

Goodwin PLC (LON:GDWN – Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 7,031.16 ($87.34) and traded as high as GBX 7,995 ($99.32). Goodwin shares last traded at GBX 7,880 ($97.89), with a volume of 2,879 shares changing hands.

Goodwin Price Performance

The firm has a market cap of £591.79 million, a PE ratio of 3,517.86 and a beta of 0.54. The company has a debt-to-equity ratio of 59.96, a current ratio of 2.21 and a quick ratio of 1.00. The business’s fifty day moving average is GBX 7,031.16 and its 200-day moving average is GBX 7,334.32.

Goodwin Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, April 11th. Investors of record on Thursday, March 20th will be issued a GBX 66.50 ($0.83) dividend. This represents a dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, March 20th. This is a boost from Goodwin’s previous dividend of $57.50. Goodwin’s payout ratio is 5,937.50%.

Goodwin Company Profile

(Get Free Report)

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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