Goodwin (LON:GDWN) Sets New 12-Month High – Should You Buy?

by · The Cerbat Gem

Goodwin PLC (LON:GDWN – Get Free Report)’s stock price reached a new 52-week high on Thursday . The stock traded as high as £1,902.84 and last traded at £189.83, with a volume of 5307 shares trading hands. The stock had previously closed at £191.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of Goodwin in a report on Thursday, September 25th.

Get Our Latest Stock Report on GDWN

Goodwin Trading Up 2.4%

The firm has a market capitalization of £1.49 billion, a price-to-earnings ratio of 59.60 and a beta of 0.54. The business’s 50-day moving average price is £193.73 and its 200 day moving average price is £128.69. The company has a debt-to-equity ratio of 62.10, a current ratio of 2.21 and a quick ratio of 1.00.

Goodwin (LON:GDWN – Get Free Report) last released its quarterly earnings results on Tuesday, December 16th. The company reported GBX 351.70 earnings per share (EPS) for the quarter. Goodwin had a net margin of 8.84% and a return on equity of 14.13%.

Insider Transactions at Goodwin

In related news, insider Matthew Stanley Goodwin sold 22,908 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of £190, for a total value of £4,352,520. Also, insider Simon R. Goodwin sold 22,908 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of £190, for a total value of £4,352,520. 3.69% of the stock is currently owned by insiders.

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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