Goodwin PLC (LON:GDWN) Insider Sells £38,070 in Stock

Goodwin PLC (LON:GDWN) insider Bernard Rafe Ernest Goodwin sold 675 shares of the company’s stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of GBX 5,640 ($70.21), for a total transaction of £38,070 ($47,392.01).

Goodwin Price Performance

Shares of LON GDWN opened at GBX 6,300 ($78.43) on Thursday. The firm’s 50-day moving average price is GBX 5,526.42 and its 200-day moving average price is GBX 5,417.83. Goodwin PLC has a 1-year low of GBX 3,780 ($47.06) and a 1-year high of GBX 6,580 ($81.91). The firm has a market capitalization of £473.13 million, a P/E ratio of 3,028.85 and a beta of 0.70. The company has a current ratio of 1.51, a quick ratio of 1.00 and a debt-to-equity ratio of 58.39.

Goodwin Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, April 12th. Stockholders of record on Thursday, March 21st were given a dividend of GBX 57.50 ($0.72) per share. The ex-dividend date was Thursday, March 21st. This is an increase from Goodwin’s previous dividend of $53.90. This represents a dividend yield of 1.22%. Goodwin’s payout ratio is presently 5,528.85%.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of Goodwin in a report on Thursday, March 14th.

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.