Gooch & Housego (LON:GHH) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Gooch & Housego PLC (LON:GHH) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 587.66 and traded as high as GBX 768. Gooch & Housego shares last traded at GBX 750, with a volume of 110,884 shares.

Gooch & Housego Price Performance

The stock has a market cap of £205.28 million, a PE ratio of 56.39 and a beta of 0.96. The stock’s fifty day moving average is GBX 664.24 and its 200-day moving average is GBX 587.66. The company has a debt-to-equity ratio of 29.92, a current ratio of 3.19 and a quick ratio of 1.66.

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

Insider Activity at Gooch & Housego

In other Gooch & Housego news, insider Louise Evans purchased 953 shares of the stock in a transaction dated Tuesday, December 2nd. The stock was acquired at an average cost of GBX 523 per share, for a total transaction of £4,984.19. Also, insider Charlie Peppiatt sold 41,617 shares of the business’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of GBX 614, for a total transaction of £255,528.38. Corporate insiders own 1.31% of the company’s stock.

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.