Goodwin (LON:GDWN) Reaches New 12-Month High at $7,100.00

Posted by ABMN Staff on Apr 29th, 2024

Goodwin PLC (LON:GDWN – Get Free Report)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 7,100 ($87.70) and last traded at GBX 6,855 ($84.67), with a volume of 828 shares trading hands. The stock had previously closed at GBX 7,020 ($86.71).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Goodwin in a research note on Thursday, March 14th.

Check Out Our Latest Research Report on GDWN

Goodwin Trading Up 0.5 %

The stock has a market capitalization of £529.92 million, a P/E ratio of 3,375.00 and a beta of 0.70. The firm’s 50 day moving average price is GBX 5,670.11 and its 200 day moving average price is GBX 5,492.12. The company has a debt-to-equity ratio of 58.39, a current ratio of 1.51 and a quick ratio of 1.00.

Goodwin Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 12th. Stockholders of record on Thursday, March 21st were paid a dividend of GBX 57.50 ($0.71) per share. This represents a dividend yield of 1.22%. This is an increase from Goodwin’s previous dividend of $53.90. The ex-dividend date was Thursday, March 21st. Goodwin’s dividend payout ratio is 5,528.85%.

Insider Activity

In related news, insider Bernard Rafe Ernest Goodwin sold 675 shares of the stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of GBX 5,640 ($69.66), for a total value of £38,070 ($47,023.22). Insiders own 67.55% of the company’s stock.

Goodwin Company Profile

(Get Free Report)

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.