Goodwin (LON:GDWN) Hits New 52-Week High – Should You Buy?

Goodwin PLC (LON:GDWNGet Free Report) shares reached a new 52-week high during trading on Thursday . The stock traded as high as £245 and last traded at £240.94, with a volume of 10560 shares changing hands. The stock had previously closed at £232.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Goodwin in a research note on Thursday, September 25th.

View Our Latest Stock Report on Goodwin

Goodwin Price Performance

The company has a market capitalization of £1.85 billion, a price-to-earnings ratio of 46.02 and a beta of 0.54. The company has a quick ratio of 1.00, a current ratio of 2.21 and a debt-to-equity ratio of 62.10. The company has a 50 day simple moving average of £209.09 and a 200 day simple moving average of £148.67.

Goodwin (LON:GDWNGet Free Report) last announced its 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 Activity at Goodwin

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

Goodwin Company Profile

(Get Free Report)

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.

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