Gooch & Housego (LON:GHH) Stock Price Crosses Below Two Hundred Day Moving Average of $558.94

Gooch & Housego PLC (LON:GHH) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 558.94 ($7.09) and traded as low as GBX 461 ($5.85). Gooch & Housego shares last traded at GBX 476 ($6.04), with a volume of 20,198 shares trading hands.

Gooch & Housego Stock Up 3.7 %

The business has a 50 day simple moving average of GBX 547.07 and a 200 day simple moving average of GBX 558.94. The stock has a market cap of £122.76 million, a PE ratio of 2,975.00 and a beta of 0.94. The company has a debt-to-equity ratio of 32.58, a current ratio of 3.40 and a quick ratio of 1.66.

Gooch & Housego Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, July 26th. Investors of record on Thursday, June 20th will be given a GBX 4.90 ($0.06) dividend. This represents a dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, June 20th. Gooch & Housego’s dividend payout ratio is currently 8,125.00%.

Insider Activity at Gooch & Housego

In other Gooch & Housego news, insider Gary Bullard purchased 3,000 shares of Gooch & Housego stock in a transaction that occurred on Tuesday, June 4th. The stock was acquired at an average price of GBX 550 ($6.98) per share, for a total transaction of £16,500 ($20,931.12). 21.20% of the stock is owned by company insiders.

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.