Goodwin (LON:GDWN) Reaches New 1-Year High – Here’s What Happened

Goodwin PLC (LON:GDWN)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as £283 and last traded at £275, with a volume of 4066 shares traded. The stock had previously closed at £276.

Goodwin Stock Down 0.4%

The business has a 50 day simple moving average of £227.85 and a 200 day simple moving average of £171.64. The company has a debt-to-equity ratio of 62.10, a current ratio of 2.21 and a quick ratio of 1.00. The stock has a market cap of £2.10 billion, a PE ratio of 52.09 and a beta of 0.54.

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

Insider Buying and Selling

In other news, insider Matthew Stanley Goodwin sold 22,908 shares of the firm’s stock in a transaction on Friday, November 14th. The shares were 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 on Friday, November 14th. The shares were sold at an average price of £190, for a total transaction of £4,352,520. 3.69% of the stock is owned by 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.