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

Goodwin PLC (LON:GDWN) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 7,338.56 ($91.04) and traded as high as GBX 7,580 ($94.03). Goodwin shares last traded at GBX 7,340 ($91.06), with a volume of 2,770 shares.

Goodwin Stock Performance

The company has a market capitalization of £546.73 million, a PE ratio of 3,250.00 and a beta of 0.54. The company has a debt-to-equity ratio of 59.96, a quick ratio of 1.00 and a current ratio of 2.21. The stock’s fifty day simple moving average is GBX 7,348.16 and its 200-day simple moving average is GBX 7,231.28.

Goodwin (LON:GDWN) last posted its quarterly earnings data on Tuesday, December 17th. The company reported GBX 150.91 ($1.87) earnings per share (EPS) for the quarter. Goodwin had a return on equity of 13.85% and a net margin of 8.84%.

Goodwin Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, April 11th. Stockholders of record on Thursday, March 20th will be issued a dividend of GBX 66.50 ($0.82) per share. This represents a dividend yield of 0.85%. This is an increase from Goodwin’s previous dividend of $57.50. The ex-dividend date of this dividend is Thursday, March 20th. Goodwin’s dividend payout ratio is presently 5,937.50%.

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.