Goodwin (LON:GDWN) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Goodwin PLC (LON:GDWNGet Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of £183.39 and traded as low as £157.81. Goodwin shares last traded at £163.40, with a volume of 18,369 shares.

Goodwin Trading Up 2.8%

The company has a debt-to-equity ratio of 27.99, a current ratio of 1.13 and a quick ratio of 1.00. The business has a 50-day moving average of £162.38 and a 200-day moving average of £183.39. The firm has a market cap of £1.29 billion, a price-to-earnings ratio of 31.92 and a beta of 0.66.

About Goodwin

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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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