Goodwin (LON:GDWN) Share Price Crosses Below Fifty Day Moving Average – Time to Sell?

Goodwin PLC (LON:GDWN) 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 changing hands.

Analyst Ratings Changes

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

Goodwin Stock Up 1.0%

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

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

About Goodwin

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.