Goodwin (LON:GDWN) Stock Price Down 0.5% – Here’s What Happened

Goodwin PLC (LON:GDWN) shares dropped 0.5% during trading on Tuesday. The company traded as low as £147.60 and last traded at £148.40. 7,623 shares changed hands during trading, a decline of 94% from the average daily volume of 137,420 shares. The stock had previously closed at £149.20.

Analysts Set New Price Targets

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

Goodwin Trading Down 1.9%

The firm has a market capitalization of £1.10 billion, a PE ratio of 19.80 and a beta of 0.61. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.25 and a quick ratio of 1.00. The company has a fifty day moving average of £146.78 and a 200-day moving average of £171.92.

Goodwin (LON:GDWN) last issued its earnings results on Tuesday, September 1st. The company reported GBX 738.44 EPS for the quarter. Goodwin had a return on equity of 22.78% and a net margin of 19.48%.

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.