Gooch & Housego (LON:GHH) Stock Passes Above 200-Day Moving Average – Should You Sell?

Shares of Gooch & Housego PLC (LON:GHH) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 455.01 ($5.86) and traded as high as GBX 462 ($5.95). Gooch & Housego shares last traded at GBX 456 ($5.87), with a volume of 33,250 shares traded.

Gooch & Housego Price Performance

The stock has a market capitalization of £118.50 million, a PE ratio of 108.32 and a beta of 0.96. The company has a quick ratio of 1.66, a current ratio of 3.19 and a debt-to-equity ratio of 29.92. The stock’s 50-day moving average is GBX 446.45 and its 200 day moving average is GBX 455.11.

Gooch & Housego Increases Dividend

The business 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. The ex-dividend date was Thursday, January 23rd. This is an increase from Gooch & Housego’s previous dividend of $4.90. This represents a dividend yield of 1.81%. Gooch & Housego’s dividend payout ratio is 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.