Gooch & Housego (LON:GHH) Share Price Breaks Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Gooch & Housego PLC (LON:GHH – Get Free Report) passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 1,019.86 and traded as high as GBX 1,230. Gooch & Housego shares last traded at GBX 1,225, with a volume of 297,992 shares changing hands.

Gooch & Housego Price Performance

The company has a debt-to-equity ratio of 45.57, a current ratio of 2.94 and a quick ratio of 1.66. The firm has a 50-day simple moving average of GBX 1,213.62 and a 200 day simple moving average of GBX 1,021.29. The company has a market capitalization of £335.29 million, a PE ratio of 85.66 and a beta of 0.92.

About Gooch & Housego

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Gooch & Housego PLC engages in the manufacture and sale of acousto-optics, electro-optics, fiber optics, and precision optics and systems in the United Kingdom, North America, Europe, the Asia Pacific, and internationally. It offers acousto-optic products, such as acoustic-optic modulators, deflectors, frequency shifters, mode lockers, pulse pickers, Q-switches, tunable filters, and RF drivers; crystal optics, including crystals and nonlinear optics, lithium niobate wafers, and periodically-poled lithium niobite; and electro-optics, such as pockels cells, lithium niobate Q-switches, and pockels cell drivers.

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