Goodwin (LON:GDWN) Stock Passes Above 50-Day Moving Average – Here’s What Happened

Shares of Goodwin PLC (LON:GDWN) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 6,895 ($86.40) and traded as high as GBX 7,700 ($96.49). Goodwin shares last traded at GBX 7,660 ($95.99), with a volume of 1,830 shares trading hands.

Goodwin Price Performance

The firm has a 50 day simple moving average of GBX 6,895 and a 200-day simple moving average of GBX 7,283.67. The company has a quick ratio of 1.00, a current ratio of 2.21 and a debt-to-equity ratio of 59.96. The company has a market cap of £575.27 million, a PE ratio of 3,419.64 and a beta of 0.54.

Goodwin Company Profile

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.