Goodwin (LON:GDWN) Share Price Crosses Above 50-Day Moving Average – Time to Sell?

Goodwin PLC (LON:GDWN)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of £148.83 and traded as high as £224. Goodwin shares last traded at £221.02, with a volume of 4,418 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Goodwin in a report on Thursday, September 25th.

Goodwin Stock Performance

The stock’s 50-day moving average is £148.83 and its 200-day moving average is £103.43. The firm has a market capitalization of £1.70 billion, a price-to-earnings ratio of 69.09 and a beta of 0.54. The company has a current ratio of 2.21, a quick ratio of 1.00 and a debt-to-equity ratio of 62.10.

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.