Goodwin (LON:GDWN) Reaches New 1-Year High at $6,200.00

Goodwin PLC (LON:GDWN) shares hit a new 52-week high during trading on Monday . The company traded as high as GBX 6,200 ($77.18) and last traded at GBX 6,200 ($77.18), with a volume of 2489 shares traded. The stock had previously closed at GBX 6,040 ($75.19).

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Goodwin in a research report on Thursday, March 14th.

Goodwin Price Performance

The stock has a 50 day simple moving average of GBX 5,518.02 and a two-hundred day simple moving average of GBX 5,411.62. The firm has a market cap of £483.64 million, a PE ratio of 3,096.44 and a beta of 0.70. The company has a debt-to-equity ratio of 58.39, a quick ratio of 1.00 and a current ratio of 1.51.

Goodwin Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 12th. Shareholders of record on Thursday, March 21st were paid a dividend of GBX 57.50 ($0.72) per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a dividend yield of 1.22%. This is a positive change from Goodwin’s previous dividend of $53.90. Goodwin’s dividend payout ratio (DPR) is presently 5,528.85%.

Insider Buying and Selling at Goodwin

In other Goodwin news, insider Bernard Rafe Ernest Goodwin sold 675 shares of Goodwin stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of GBX 5,640 ($70.21), for a total transaction of £38,070 ($47,392.01). Company insiders own 67.55% of the company’s stock.

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.