Gooch & Housego (LON:GHH) Trading Up 12.5% After Insider Buying Activity

Gooch & Housego PLC (LON:GHH) traded up 12.5% during trading on Tuesday following insider buying activity. The company traded as high as GBX 589.12 and last traded at GBX 576. 103,089 shares were traded during mid-day trading, an increase of 95% from the average session volume of 52,864 shares. The stock had previously closed at GBX 512.

Specifically, insider Louise Evans acquired 953 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The stock was purchased at an average cost of GBX 523 per share, for a total transaction of £4,984.19.

Gooch & Housego Trading Up 1.0%

The stock has a fifty day moving average of GBX 548.55 and a two-hundred day moving average of GBX 559.09. The company has a market capitalization of £158.30 million, a PE ratio of 32.15 and a beta of 0.96. The company has a current ratio of 3.19, a quick ratio of 1.66 and a debt-to-equity ratio of 29.92.

Gooch & Housego (LON:GHH) last issued its quarterly earnings results on Tuesday, December 2nd. The company reported GBX 35.40 EPS for the quarter. Gooch & Housego had a net margin of 0.78% and a return on equity of 1.02%. As a group, sell-side analysts anticipate that Gooch & Housego PLC will post 40.9691418 earnings per share for the current fiscal year.

Gooch & Housego Company Profile

Gooch & Housego PLC engages in the manufacture and sale of acousto-optics, electro-optics, fiber optics, and precision optics and systems in the United Kingdom, North America, Europe, the Asia Pacific, and internationally. It offers acousto-optic products, such as acoustic-optic modulators, deflectors, frequency shifters, mode lockers, pulse pickers, Q-switches, tunable filters, and RF drivers; crystal optics, including crystals and nonlinear optics, lithium niobate wafers, and periodically-poled lithium niobite; and electro-optics, such as pockels cells, lithium niobate Q-switches, and pockels cell drivers.