Goodwin (LON:GDWN) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Goodwin PLC (LON:GDWN)’s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of £182.35 and traded as low as £154.40. Goodwin shares last traded at £154.40, with a volume of 76,755 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Goodwin in a report on Friday, August 28th.

Goodwin Price Performance

The business has a 50 day moving average of £181.43 and a 200 day moving average of £167.73. The company has a market cap of £1.11 billion, a PE ratio of 19.93 and a beta of 0.66. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.25 and a quick ratio of 1.00.

Goodwin (LON:GDWN) last issued its quarterly earnings data on Tuesday, September 1st. The company reported GBX 738.44 earnings per share (EPS) for the quarter. Goodwin had a net margin of 15.93% and a return on equity of 34.20%.

Goodwin Company Profile

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.