Goodwin (LON:GDWN) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Goodwin PLC (LON:GDWN)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of £236.32 and traded as high as £273. Goodwin shares last traded at £273, with a volume of 7,955 shares trading hands.

Goodwin Stock Down 2.2%

The firm has a market capitalization of £2.04 billion, a price-to-earnings ratio of 50.57 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’s 50 day moving average price is £236.32 and its 200 day moving average price is £178.96.

Goodwin (LON:GDWN) last released its earnings results on Tuesday, December 16th. The company reported GBX 351.70 earnings per share (EPS) for the quarter. Goodwin had a return on equity of 14.13% and a net margin of 8.84%.

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.