Goodwin (LON:GDWN) Sets New 52-Week High – What’s Next?

Goodwin PLC (LON:GDWN) shares hit a new 52-week high on Tuesday . The company traded as high as £261.12 and last traded at £257, with a volume of 7921 shares trading hands. The stock had previously closed at £251.89.

Goodwin Stock Performance

The company has a current ratio of 2.21, a quick ratio of 1.00 and a debt-to-equity ratio of 62.10. The stock has a market capitalization of £1.96 billion, a price-to-earnings ratio of 48.67 and a beta of 0.54. The firm’s fifty day moving average price is £212.80 and its 200 day moving average price is £156.93.

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

Insider Activity

In related news, insider Matthew Stanley Goodwin sold 22,908 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of £190, for a total transaction of £4,352,520. Also, insider Simon R. Goodwin sold 22,908 shares of Goodwin stock in a transaction dated 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 corporate insiders.

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.