Goodwin (LON:GDWN) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Goodwin PLC (LON:GDWN) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 6,895 ($86.76) and traded as high as GBX 7,700 ($96.89). Goodwin shares last traded at GBX 7,660 ($96.39), with a volume of 1,830 shares.

Goodwin Stock Performance

The stock has a fifty day simple moving average of GBX 6,915.80 and a 200-day simple moving average of GBX 7,287.37. The stock has a market cap of £587.28 million, a P/E ratio of 3,491.07 and a beta of 0.54. The company has a debt-to-equity ratio of 59.96, a quick ratio of 1.00 and a current ratio of 2.21.

About Goodwin

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.