Gooch & Housego (LON:GHH) Share Price Crosses Above 200 Day Moving Average - Time to Sell?

Gooch & Housego PLC (LON:GHH - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 456.09 ($5.89) and traded as high as GBX 493.75 ($6.38). Gooch & Housego shares last traded at GBX 464 ($6.00), with a volume of 26,327 shares changing hands.

Gooch & Housego Price Performance

The company has a fifty day simple moving average of GBX 456.27 and a two-hundred day simple moving average of GBX 456.15. The company has a debt-to-equity ratio of 29.92, a quick ratio of 1.66 and a current ratio of 3.19. The stock has a market capitalization of £116.48 million, a price-to-earnings ratio of 106.47 and a beta of 0.96.

Gooch & Housego Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, January 23rd were paid a GBX 8.30 ($0.11) dividend. This is a positive change from Gooch & Housego's previous dividend of $4.90. The ex-dividend date of this dividend was Thursday, January 23rd. This represents a dividend yield of 1.81%. Gooch & Housego's dividend payout ratio (DPR) is presently 300.89%.

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.