Goodwin (LON:GDWN) Stock Price Down 47.8% – Here’s What Happened

Shares of Goodwin PLC (LON:GDWN) traded down 47.8% on Monday . The stock traded as low as £119.26 and last traded at £119.50. 144,043 shares changed hands during trading, a decline of 58% from the average session volume of 343,404 shares. The stock had previously closed at £229.

Goodwin Trading Down 48.7%

The business’s fifty day moving average is £251.92 and its 200-day moving average is £202.76. The stock has a market capitalization of £897.24 million, a PE ratio of 22.27 and a beta of 0.11. The company has a quick ratio of 1.00, a current ratio of 1.13 and a debt-to-equity ratio of 27.99.

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.