Gooch & Housego PLC (LON:GHH - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 482.11 ($6.20) and traded as low as GBX 452.92 ($5.83). Gooch & Housego shares last traded at GBX 483 ($6.22), with a volume of 52,306 shares changing hands.
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft lowered their price objective on Gooch & Housego from GBX 675 ($8.69) to GBX 635 ($8.17) and set a "buy" rating on the stock in a research report on Friday, August 30th.
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Gooch & Housego Stock Down 3.1 %
The firm has a 50-day moving average price of GBX 433.75 and a two-hundred day moving average price of GBX 481.58. The company has a debt-to-equity ratio of 32.88, a current ratio of 3.66 and a quick ratio of 1.66. The company has a market capitalization of £117.19 million, a price-to-earnings ratio of 9,530.58 and a beta of 0.96.
Insider Activity
In other news, insider Gary Bullard bought 5,000 shares of the company's stock in a transaction on Thursday, September 26th. The stock was purchased at an average cost of GBX 422 ($5.43) per share, for a total transaction of £21,100 ($27,152.23). Insiders own 24.11% of the company's stock.
About Gooch & Housego
(
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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.
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