Goodwin (LON:GDWN) Shares Down 3.8% – Here’s What Happened

Goodwin PLC (LON:GDWN)’s share price dropped 3.8% on Tuesday . The company traded as low as GBX 6,560 ($83.15) and last traded at GBX 6,640 ($84.17). Approximately 2,314 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 3,930 shares. The stock had previously closed at GBX 6,900 ($87.46).

Goodwin Stock Down 0.3 %

The company has a market capitalization of £503.17 million, a price-to-earnings ratio of 3,000.00 and a beta of 0.54. The company has a debt-to-equity ratio of 59.96, a current ratio of 2.21 and a quick ratio of 1.00. The firm’s fifty day moving average price is GBX 6,808.60 and its 200-day moving average price is GBX 7,188.25.

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.