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

Goodwin PLC (LON:GDWN) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty 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 traded.

Wall Street Analyst Weigh In

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

Goodwin Stock Up 1.0%

The firm has a 50-day moving average of £182.35 and a two-hundred day moving average of £169.27. The stock has a market capitalization of £1.17 billion, a price-to-earnings ratio of 21.13 and a beta of 0.66. The company has a quick ratio of 1.00, a current ratio of 0.25 and a debt-to-equity ratio of 1.09.

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

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.