Goodwin (LON:GDWN) Reaches New 52-Week High – Should You Buy?

Goodwin PLC (LON:GDWN) shares hit a new 52-week high on Tuesday . The company traded as high as £267 and last traded at £266.90, with a volume of 7860 shares traded. The stock had previously closed at £258.

Goodwin Stock Performance

The company has a quick ratio of 1.00, a current ratio of 2.21 and a debt-to-equity ratio of 62.10. The stock has a fifty day moving average price of £218.84 and a two-hundred day moving average price of £163.25. The company has a market capitalization of £2.05 billion, a price-to-earnings ratio of 50.76 and a beta of 0.54.

Goodwin (LON:GDWN) last released its quarterly earnings results on Tuesday, December 16th. The company reported GBX 351.70 earnings per share (EPS) for the quarter. Goodwin had a net margin of 8.84% and a return on equity of 14.13%.

Insider Activity

In other news, insider Matthew Stanley Goodwin sold 22,908 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of £190, for a total transaction of £4,352,520. Also, insider Simon R. Goodwin sold 22,908 shares of Goodwin stock in a transaction on Friday, November 14th. The stock was sold at an average price of £190, for a total transaction of £4,352,520. 3.69% of the stock is owned by company insiders.

About Goodwin

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.