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

Goodwin PLC (LON:GDWN - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 7,031.16 ($87.34) and traded as high as GBX 7,995 ($99.32). Goodwin shares last traded at GBX 7,880 ($97.89), with a volume of 2,879 shares changing hands.

Goodwin Stock Down 0.8 %

The company has a market cap of £591.79 million, a P/E ratio of 3,517.86 and a beta of 0.54. The stock has a 50-day moving average of GBX 7,031.16 and a 200 day moving average of GBX 7,334.32. The company has a debt-to-equity ratio of 59.96, a current ratio of 2.21 and a quick ratio of 1.00.

Goodwin Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, April 11th. Shareholders of record on Thursday, March 20th will be issued a GBX 66.50 ($0.83) dividend. This is a positive change from Goodwin's previous dividend of $57.50. This represents a yield of 0.85%. The ex-dividend date of this dividend is Thursday, March 20th. Goodwin's dividend payout ratio (DPR) is currently 5,937.50%.

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.