Goodwin (LON:GDWN) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Goodwin PLC (LON:GDWN) crossed above its fifty day moving average during trading on Friday . The stock has a fifty 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 Stock Down 0.8 %

The company has a current ratio of 2.21, a quick ratio of 1.00 and a debt-to-equity ratio of 59.96. The stock’s 50-day moving average price is GBX 7,031.16 and its 200-day moving average price is GBX 7,334.32. The company has a market cap of £591.79 million, a P/E ratio of 3,517.86 and a beta of 0.54.

Goodwin Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, April 11th. Stockholders of record on Thursday, March 20th will be issued a dividend of GBX 66.50 ($0.83) per share. This is an increase from Goodwin’s previous dividend of $57.50. The ex-dividend date is Thursday, March 20th. This represents a dividend yield of 0.85%. Goodwin’s payout ratio is currently 5,937.50%.

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.